South Africa Plans First Strategic Oil Boost Since Apartheid Era
Source:
bloombergMarkets
July 12, 2026 · 22:21
From the publisher
South Africa plans to increase its strategic oil reserves for the first time since the apartheid government stockpiled crude, adding to measures across the continent to mitigate supply shocks.
About the source
Bloomberg Markets
Bloomberg Markets is a magazine published six times a year by Bloomberg L.P. as part of Bloomberg News. Aimed at global financial professionals, Bloomberg Markets publishes articles on the people and issues related to global financial markets. Bloomberg Markets, which is based in New York City, has readers in 147 countries. More than half of its readers live outside the U.S.
Wikidata Q721648
Wikidata ↗
About South Africa
More from South Africa →
Capital
Pretoria
Region
Sub-Saharan Africa
Income level
Upper middle income
ISO code
ZAF
Data:
World Bank
The original article opens on the publisher's website.
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