Oil prices have soared since the US-Israeli war against Iran disrupted tanker shipping through the Strait of Hormuz, sending shockwaves through the global economy and sparking fears of shortages around the world.

Unlike many regional peers, South Africa has avoided widespread fuel queues, though some stations reported running dry as motorists rushed to fill up ahead of the price hikes.

Minibus taxis, the country’s main form of public transport, have threatened to hike fares.