Brent crude oil price

2022 - 3 - 7

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Image courtesy of "Eyewitness News"

South Africans warned to brace for knock-on effects of rising fuel costs (Eyewitness News)

The ongoing war in Ukraine has driven up oil prices and there are fears that it could get worse, with oil stocks not meeting demand.

"Most of the tools at its disposal to help us out in the context where we structurally are dependent on imported oil that's the reality. The ongoing war in Ukraine has driven up oil prices and there are fears that it could get worse, with oil stocks not meeting demand. The ongoing war in Ukraine has driven up oil prices and there are fears that it could get worse, with oil stocks not meeting demand.

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