The government said on Tuesday that it would temporarily reduce its general fuel levy by R3/l for one month to offset the impact of the Iran war on domestic fuel prices. However, the move was still not enough to prevent petrol and diesel prices surging on Wednesday, with diesel set to cost up to R7.51/l…
Victoria and Tasmania are incentivising commuters not to drive in a bid to ease cost pressures.
Dangote Petroleum Refinery & Petrochemicals has begun exporting fuel across Africa after reaching full production capacity, marking a shift in regional fuel supply dynamics. The refinery shipped about 456,000 tons of petroleum products in its first export wave, representing less than a fifth of its monthly output. The facility ramped up to its full capacity…
HOUSTON — The Trump administration plans to bring additional diesel to the market as fuel prices surge, Energy Secretary Chris Wright told CNBC on Monday. “We do have some ideas on diesel, that we can bring extra diesel to the marketplace,” Wright told CNBC’s Brian Sullivan in an interview. “I think we’ll see that happen…
IE 11 is not supported. For an optimal experience visit our site on another browser. Jet skiers appear to get stuck on icy river in Boston 00:16 Ye ordered to pay $140,000 in handyman lawsuit 00:19 Now Playing Two fuel tankers caught fire after strikes in Iraqi waters 00:43 UP NEXT Israeli adviser: Iranian people…
A shipping source says Engen cut back on fuel supplies to Gqeberha and Durban because of the Middle East conflict disrupting shipping routes. Big fuel price increases are expected in April 2026, with petrol going up by R2.78 and diesel by R5.03 per litre. Three local fuel retailer owners from different franchises say they have…
Bangladesh relies on imports for 95 percent of its energy needs, which have been disrupted after the Iran war engulfed the Middle East. Listen to this article | 3 mins info Published On 9 Mar 20269 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera on Googleinfo Bangladesh has closed universities and…
As tensions escalate again across the Middle East, global oil markets are entering another period of uncertainty. Even the threat of disruptions to tanker routes or energy infrastructure in the region can send crude prices sharply higher. Much of the world’s oil still moves through the strategic maritime chokepoint of the Strait of Hormuz. Any…
Qatar has halted its liquefied natural gas production, as India and Europe bear the brunt of soaring prices. Listen to this article | 3 mins info Published On 3 Mar 20263 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera on Googleinfo Indian companies have reduced natural gas supplies to industries in…
The latest strikes on Iran and the widening confrontation across the Middle East are not distant geopolitical theatre for Africa. They are economic tremors that travel directly to our fuel pumps, supermarket shelves and national budgets. Whenever conflict erupts in the Gulf, global markets react instantly. The world’s energy system remains tightly bound to the…
