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Middle East conflict keeps oil prices above $100 as South Africans brace for fuel hikes
Investec Chief Economist Annabel Bishop warns that prolonged disruption in the Strait of Hormuz could drive inflation higher, weaken economic growth, and push fuel prices sharply upward in South Africa.
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iol.co.za
Middle East conflict keeps oil prices above $100 as South Africans brace for fuel hikes
Investec Chief Economist Annabel Bishop warns that prolonged disruption in the Strait of Hormuz could drive inflation higher, weaken economic growth, and push fuel prices sharply…
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Beyond oil: How the Middle East conflict is reshaping global industries and inflation
Rising energy costs, fertilizer shortages, and supply chain disruptions are quietly pushing up production costs across global industries, according to Citadel Global.
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ynetnews.com
Jet fuel fears rise as Hormuz crisis drains accessible global oil inventories
IEA data shows onshore inventories fell sharply while more crude is stuck at sea, making supplies harder to access quickly; if the trend continues, analysts warn oil could climb…