Massive petrol and diesel increases for April скачать в хорошем качестве

Massive petrol and diesel increases for April

South African motorists run the serious risk of having to pay the highest increase in monthly fuel prices since records began, come April. This is, in large part, due to the war raging in the Middle East between Israel and the United States against Iran. The resultant closure of the key water way of the Strait of Hormuz, through which 25% of global oil supply usually travels, has seen oil prices jump by over 30% since the war began, with Brent crude oil making a sprint towards a hundred dollars a barrel. With this scenario, there's no doubt, that the economy is about to experience higher inflation. Senior business reporter, Nompumelelo Siziba, filed this report. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.