Post by African Soil (@onafrica)
π¨ Iran War Already Hurting South Africa! πΏπ¦β½π°
The US-Israel strikes on Iran + threats to close the Strait of Hormuz have sent global oil prices surging past $80β83 per barrel.
What this means for us right now:
β’ Petrol: +20 cents per litre from tomorrow (4 March)
β’ Diesel: +62β65 cents per litre
For Joburg & Gauteng families this means:
Higher taxi & bus fares
More expensive food, groceries & deliveries
Extra pressure on already high cost of living π©
Silver lining: Gold prices climbing
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