The Department of Mineral and Petroleum Resources says it remains hopeful that ongoing tensions in the Middle East will de-escalate, a development that could help stabilise global oil markets.
The conflict is affecting shipping through the Strait of Hormuz, a vital route that carries roughly one-fifth of the world’s oil exports. This has raised concerns about higher petrol and diesel prices in South Africa from April.
Department spokesperson Lerato Ntsoko confirmed that the Astron Energy refinery is currently undergoing planned maintenance but has secured sufficient fuel imports to meet domestic demand.
“While prolonged geopolitical tensions may place pressure on international oil prices, the department wishes to assure the public that there is currently no immediate risk of fuel shortages in South Africa,” Ntsoko said.
She added that oil companies importing refined petroleum products from affected countries are actively seeking alternative supply sources to ensure uninterrupted availability in the domestic market.
“The department continues to maintain close contact with oil companies operating in the country to ensure the stability and security of fuel supply,” Ntsoko said.
While South African motorists may face higher fuel costs in the short term, authorities emphasise that proactive measures are being taken to prevent major disruptions at petrol stations nationwide.
VOC News
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