After a week of strong recovery, South African markets face renewed uncertainty due to tensions in the Strait of Hormuz, impacting oil prices and economic stability.

A renewed flare-up in the Middle East has pushed oil prices higher, introducing fresh risks to South Africa’s inflation and interest rate outlook.

Indian equities are likely to remain volatile this week as escalating tensions in West Asia and the closure of the Strait of Hormuz threaten to push crude oil prices higher.…