A LIGHT AT THE END OF OUR TUNNEL.
GROK: Iran has indeed granted South African-linked cargo ships and oil tankers safe passage through the Strait of Hormuz. This selective exemption (announced around 20–25 March 2026 by Iran’s ambassador to South Africa and confirmed by SA Mineral and Petroleum Resources Minister Gwede Mantashe) applies amid the broader closure/restrictions on the strait following the US-Israel conflict with Iran. Iran is allowing “friendly” nations (including SA, China, and India) to transit under specific conditions while blocking or restricting US/Israel-linked vessels. This gives South Africa a notable advantage in a disrupted global supply chain, but it does not fully shield the country (or the world) from higher prices. Implications for Diesel (and Fuel Supply) South Africa benefits from more secure supply : A large share of SA’s crude oil and refined products (especially diesel) comes from the Middle East Gulf (Saudi Arabia, Oman, UAE, Bahrain). The Hormuz exemption means SA-bound tankers...