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Event Brief

South Africa extends fuel tax cuts amid war impact

South Africa extended fuel tax cuts to offset rising gasoline and diesel prices linked to the prolonged Middle East conflict.
WHO: South Africa
WHAT: Extended cuts to fuel taxes to offset potential increases in domestic gasoline and diesel prices.
WHEN: Apr 28, 2026 at 9:59 AM ET
WHERE: Location not specified
WHY: The prolonged conflict in the Middle East threatens to raise domestic gasoline and diesel prices further.
Sources (1): Bloomberg

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