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Iran offers crude oil supply to South Africa amid conflict shock | SA News

Iran has extended an offer to supply crude oil to South Africa, a proposal communicated to South African authorities in the department of mineral resources & energy in April, according to people familiar with the matter.

Pretoria has given no indication it intends to accept, with mineral & petroleum resources minister Gwede Mantashe declining to comment.

The government has — since the start of the conflict between the US, Israel and Iran in February — maintained that the country’s fuel supply is stable and sufficiently diversified to meet demand.

The country has, however, with other nations, increased the fuel price since April 1 due to supply disruptions along the Strait of Hormuz….

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