The South African company thriving on the US-Israeli war on Iran

Iran Herald · August 6, 2026 Sanctions

Sasol has cited improved production and stronger demand as key drivers of its positive outlook South African energy and chemicals giant Sasol expects annual earnings per share to rise by as much as 84%, following a surge in oil and fuel prices driven by the US-Iran war and a disruption to supplies through the Strait of Hormuz.

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