South Africa hit by record diesel price hikes despite fuel levy cut

TL;DR

South Africa Cuts Fuel Taxes as Prices Spike on Iran War South Africa to Raise Gasoline Price by Most Since at Least 2008 South Africans have rushed to buy fuel as the country braces for record price hikes tied to the US-Iran-Israel conflict JOHANNESBURG -- South African motorists were on Tuesday headed to gas stations in large numbers in anticipation of record fuel hikes that will come into effect at midnight as the world continues to feel impacts of the Iran war that has affected global oil and fuel prices. By Tuesday evening, some gas stations in the east of Johannesburg were turning motorists away as they had run of both diesel and gasoline. At some stations, only gasoline was available and those seeking diesel were turned away.