Sasol, the world’s largest producer of fuel from coal, is reaping the benefits of a surge in fuel prices due to the Iran war, while helping shield its home market of South Africa from the resulting supply shock. CEO Simon Baloyi has increased his focus on coal-to-liquids fuel output, along with production from its crude refinery, at an opportune time.

Sasol, the world’s largest producer of fuel from coal, is reaping the benefits of a surge in fuel prices due to the Iran war, while helping shield its home market of South Africa…

Sasol has cited improved production and stronger demand as key drivers of its positive outlook