Confirmed: Big diesel, petrol price hikes despite levy relief:
The Iran war has pushed fuel prices higher, with the average Brent crude oil price increasing from ...
news24.com/business/economy/confirmed-big-diesel-petrol-price-hikes-despite-levy-relief-20260504-0550
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Fuel Costs Surge Despite Government Tax ReliefDiesel prices will jump by R6.19 per liter starting Wednesday amid ongoing supply issues from Iran conflict.
Key FactsMay 4, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: news24.com
Summary created with AI assistance · Source: news24.com
- Wholesale diesel prices will increase by R6.19 a liter and petrol by R3.27 a liter starting Wednesday.
- A slate levy of nearly R1.32 per liter adds to the price hikes despite existing fuel levy relief.
- Rising crude oil prices and disruptions caused by the Iran war and Strait of Hormuz closure tighten supply.
- Fuel levy relief for diesel will be halved in June and fully removed in July, returning to pre-war levels.
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| Total Articles | 19 |
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generally refers to the spot price of a barrel of benchmark crude oil—a reference price for buyers and sellers of crude oil
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