- Gwede Mantashe discusses how the US-Israeli war on Iran affects fuel prices and the country's mining and petroleum resources in South Africa.
- The Middle East war is driving up oil prices, influencing PPI data and SARB interest rate decisions in South Africa.
The Middle East war is impacting fuel prices, prompting the South African Reserve Bank to commission a survey by the Bureau for Economic Research.
1 report, 1 independent
Updated Jun 30
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What happened
The Middle East war is impacting fuel prices, prompting the South African Reserve Bank to commission a survey by the Bureau for Economic Research.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Middle East war is driving up oil prices, influencing PPI data and SARB interest rate decisions in South Africa.Also in this story
- South Africa tables budget measures to counter oil price volatility amid ongoing geopolitical tensions in the Middle East.
- SARB introduces kwanza to the SADC settlement system while the US-Iran war drives up oil prices.
- Driven by Middle East tensions, the South African Reserve Bank is facing pressure to raise interest rates due to rising oil prices and inflation.
- The South African Reserve Bank is responding to geopolitical tensions from the Middle East by making rate decisions that are now impacting the commercial property market outlook and business costs.
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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South African Reserve Bank
central bank
Related events
- War in the Middle East threatens to spike fuel prices, while LabourList reports on government policy.
- SARB published notes detailing South Africa's economic decline, linked to Middle East war impacts on oil prices and imports.
- The Middle East conflict is driving higher fuel costs.
- Middle East conflict impacts wholesale gas prices.
- The government plans to review fuel prices due to the volatile situation in the Middle East.