Sharp diesel price hikes are expected in September.

Steep fuel price increases are forecast for September, largely as a result of international oil prices remaining elevated due to the ongoing conflict in the Middle East.

Month-end data from the Central Energy Fund points to petrol price increases of around 96 cents for 93 Unleaded and R1.07 for 95 Unleaded.

Diesel prices are heading back in the direction of a full-blown crisis, with the CEF data indicating potential price hikes of around R2.71 for 500ppm and R2.92 for 50ppm.

Illuminating paraffin is looking set for an increase in the region of R2.12.