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Iran War

Latest news & developments
Smoke rises from explosions following what the US military says were strikes on Iran in response to their drone strikes in the Strait of Hormuz last month. Picture:

Iran expands Gulf attacks as fighting with US threatens Strait of Hormuz shipping

Renewed strikes deepen fears over oil supplies and regional stability

Mineral & petroleum resources minister Gwede Mantashe. Picture:

Mantashe aims for 60-day strategic fuel reserve buffer against shocks

Government seeks larger petroleum stockpile as geopolitical risks intensify

Emergency responders assisted by other people and heavy machinery inspect the site of an Israeli strike in Saksakiyeh, Lebanon, on May 9 2026. Picture:

Iran says it has responded to US proposal to end war

LNG tanker passes Hormuz safely as ceasefire strains and diplomacy stalls

Efforts to boost exports have been knocked by disruptions. Picture: 123RF/FORMAT35

Poultry rallies despite headwinds

Middle East conflict stalls exports of cooked poultry to United Arab Emirates

An Iranian woman walks next to a mural on a street in Tehran, Iran.

‘Blindsided’ PIC takes R350bn knock

Public Investment Corporation CEO was briefing parliament’s standing committee on finance

An Iranian woman walks next to a mural on a street in Tehran, Iran.

PIC takes close to R350bn knock in assets due to US-Iran war

PIC CEO was briefing parliament’s standing committee on finance

US President Donald Trump speaks during a Turning Point USA event at Dream City Church in Phoenix, Arizona, on April 17, 2026. REUTERS/Evan Vucci

Trump says he does not want to extend truce as expiry nears

Talks on track for Wednesday, Pakistani source says

Mineral and petroleum resources minister Gwede Mantashe reassures parliament that despite rising pump prices, South Africa's fuel supply remains secure.

Fuel supply not at risk due to good terms with Iran, Mantashe says

Minister Mantashe says SA’s fuel supply is stable due to good relations with Iran

Ships and tankers in the Strait of Hormuz on April 18, 2026. Picture:
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Trump accuses Iran of ‘total violation’ of ceasefire and threatens new attacks

US president again threatens to destroy power plants and bridges unless it accepts terms

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a press briefing with International Monetary and Financial Committee (IMFC) Chair and Saudi Arabia's Minister of Finance Mohammed Al‑Jadaan at the IMF/World Bank 2026 Spring Meetings in Washington, D.C., U.S., April 17, 2026. REUTERS/Elizabeth Frantz

IMF and World Bank meetings reveal limitations in global shock mitigation

'The single most important development in the global economy happened between the US and Iran'

US President Donald Trump.
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Trump orders blockade of Strait of Hormuz after Iran talks collapse

President Donald Trump on Sunday said the US Navy would immediately start blockading the Strait of Hormuz and would also interdict every vessel in international waters that had paid a toll to Iran.

US President Donald Trump at the White House in Washington, DC, the US, on April 1 2026. Picture: REUTERS

Deadline is final, says Trump after Iran shuns ceasefire plan

US president threatens to ‘rain hell’ on Tehran if Strait of Hormuz is not reopened on Tuesday