{"id":27958,"date":"2026-03-16T17:31:36","date_gmt":"2026-03-16T17:31:36","guid":{"rendered":"https:\/\/microvibenews.com\/?p=27958"},"modified":"2026-03-16T17:31:36","modified_gmt":"2026-03-16T17:31:36","slug":"south-africa-seeks-new-fuel-suppliers","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=27958","title":{"rendered":"South Africa seeks new fuel suppliers"},"content":{"rendered":"

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South Africa is seeking alternate suppliers of fuel as disruptions to imports from the Middle East pose the biggest threat to the nation from the war on Iran.<\/p>\n

President Cyril Ramaphosa\u2019s government is in talks to find more supply options after the conflict reduced traffic from the critical Strait of Hormuz to a trickle, Minister of Mineral and Petroleum Resources Gwede Mantashe said at a conference in Cape Town on Monday.<\/p>\n

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\u201cFor refined products we rely on the Middle East,\u201d he said, adding that disruption to fuel shipments are the \u201cbiggest threat\u201d to the country.<\/p>\n

Read: Saudis give oil buyers Red Sea option due to Hormuz crisis
Oil fluctuates as traders gauge supply impact of Kharg attack
Markets hold their ground as oil risks rise<\/p>\n

South Africa has lost half its refining capacity in the past few years as plants closed because of accidents and a lack of investment.<\/p>\n

Oman, Bahrain and United Arab Emirates are among South Africa\u2019s top diesel suppliers as its share of imports grows.<\/p>\n

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Mantashe reiterated an earlier warning by the department that regulated prices will surge at the end of the month.<\/p>\n

\u00a9 2026 Bloomberg<\/p>\n<\/p><\/div>\n