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A major South African public sector union called for remote and hybrid work to offset anticipated fuel price hikes linked to the Iran war. Regulated fuel prices are projected to rise steeply from April 1, and the rand has weakened more than 6% against the dollar.
Expected fuel price increases raise South African domestic transport and logistics costs, which can feed into higher feed delivery and processing costs.
cnbcafrica.comReutersMar 27, 2026After 250 past bullish geopolitics events, ULSD / Diesel moved a median +1.7% over 5 sessions (58% higher; middle half -3.6% to +8.7%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
