April 2026

From Chokepoint to Toll Gate: How Hormuz Could Reshape Oil Costs for South Africa

The reopening of the Strait of Hormuz would ordinarily signal relief for global oil markets. As one of the world’s most critical energy corridors through which an estimated 20–21 million barrels of oil per day (roughly 20% of global consumption) passes, any restoration of flow is typically welcomed by import-dependent economies. However, in the current

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