As the US–Israeli conflict with Iran enters its third week, global oil prices remain elevated, with Brent crude trading above $103 per barrel. Independent economist John Loos says that in South Africa, private transport users are likely to face the most severe direct impact of transport‑cost inflation as the higher cost of petrol feeds through to household budgets.


Loos warns that elevated fuel prices will significantly increase monthly transport expenses, particularly for workers who rely on private vehicles for commuting, adding further strain to already‑pressured consumers.


Thami Ngubeni spoke to Independent Economist John Loos.

As the US&ndash;Israeli conflict with Iran enters its third week, global oil prices remain elevated, with Brent crude trading above $103 per barrel. Independent economist John Loos says that in South Africa, private transport users are likely to face the most severe direct impact of transport‑cost inflation as the higher cost of petrol feeds through to household budgets.
 Loos warns that elevated fuel prices will significantly increase monthly transport expenses, particularly for workers who rely on private vehicles for commuting, adding further strain to already‑pressured consumers.
 Thami Ngubeni spoke to Independent Economist John Loos.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.