This is going to hurt: SA braces for $100-per-barrel oil, diesel squeeze | Business

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Fuel price increases could stoke inflation and keep interest rates higher for longer as SA heads into an election year.

Fuel price increases could stoke inflation and keep interest rates higher for longer as SA heads into an election year.

As SA motorists brace for a hefty hike in fuel prices next week, the outlook for further increases is predictably murky.

The consensus is that oil prices are unlikely to breach the dreaded $100 mark, offering some comfort for stretched consumers in coming months.

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