Africa Melane speaks to Timothy Walker, Senior researcher on maritime security at the ISS, about the growing energy risks linked to the conflict in the Middle East and what it could mean for South Africa’s fuel supply. This follows reports that Saudi Aramco is offering oil buyers an alternative export route through the Red Sea port of Yanbu as disruptions threaten the Strait of Hormuz, one of the world’s most critical oil shipping chokepoints. We also look at how dependent South Africa is on imported fuel, with the country importing most of its crude oil and a significant share of refined petroleum products to meet domestic demand, and whether diversifying suppliers is realistically possible in the short term.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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