Fuel Price Outlook Turns Catastrophic as Brent Surges Past $100 and Rand Weakens

South Africa could face a sharp increase in fuel prices as global oil markets surge amid escalating tensions in the Middle East. With Brent crude rising above $100 per barrel and the rand weakening against the US dollar, early estimates suggest petrol prices could climb by more than R5 per litre and diesel by over R8 if current trends continue.