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Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions, with possible consequences for South African fuel prices.
CRUDE

Brent crude rises above $105 as Middle East shipping attacks intensify

Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions.

  • Ashley Lechman
4 min read
Brent crude rose above $100 a barrel on Wednesday, reviving concerns that higher energy costs could intensify inflationary pressure and weigh on markets. The rand remained relatively stable, while South African motorists faced renewed fuel-price risks.
OIL

Brent crude rises above $100 as inflation fears unsettle markets

Brent crude rose above $100 a barrel on Wednesday, reviving concerns that higher energy costs could intensify inflationary pressure and weigh on markets. The rand remained…

  • Ashley Lechman
4 min read