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South Africa Has Paid US$3.5 Billion More for Fuel Since the Hormuz Shock

Rio Times

PoliticsRio Times·Aug 31, 2026·1 min read

South Africa Has Paid US$3.5 Billion More for Fuel Since the Hormuz Shock

SOUTH AFRICA · ENERGY Key Facts —The bill: South African fuel importers have paid at least R56.3 billion (about US$3.5 billion) extra for fuel since the Middle East war erupted in February, a study by the Finland-based Centre for Research…

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