South Africa 🇿🇦 is seeking new energy suppliers due to disruptions caused by the ongoing conflict involving the US, Israel, and Iran in the Middle East. The closure of the Strait of Hormuz has severely limited South Africa's fuel imports, which predominantly came from Middle Eastern countries like Oman, Bahrain, and the UAE. South Africa has lost half of its refining capacity in recent years due to plant closures from operational issues and lack of capital. Rising global oil prices, now above $100 per barrel due to the Iranian crisis, are hitting some African economies hard, causing higher fuel prices and inflation. Meanwhile, most African countries now want to control ownership of their resources.