Global oil falls, but South Africans won’t feel the relief yet
Getaway Magazine | 09.04.2026 16:45
When news broke on April 8 that the US and Iran were engaging in ceasefire talks contingent on reopening the Strait of Hormuz, Brent crude oil prices dipped by roughly 15%—averaging around US$94 (R1 530) per barrel. While international markets cheered, South African travellers hoping for cheaper flights or petrol soon were in for a disappointment.
