Minister Gwede Mantashe announces August 2025 fuel price changes: petrol decreases, while diesel and paraffin see notable increases.

Crude futures extended losses. OPEC+ plans for higher output have raised concerns of oversupply while India pushes back against U.S. tariff threats over its Russian oil purchases.

Investors are also watching the effects of new U.S. tariffs. President Donald Trump has warned of strong tariffs on countries ...