Story perspectives

Ramaphosa Welcomes US-Iran Ceasefire Amid Oil Price Concerns

4/11/2026

Summary

Story summary

President Cyril Ramaphosa welcomed a two-week ceasefire between the United States and Iran.
Ramaphosa urged dialogue to prevent further loss of life and destruction.
The ceasefire follows a month of escalating conflict that has driven oil prices higher and affected South Africa's economy.
Oil prices have fallen since the ceasefire, but analysts warn pressures will persist.
South African civic groups have protested military aggression linked to the conflict.

1 of 1

Story summary

President Cyril Ramaphosa welcomed a two-week ceasefire between the United States and Iran.
Ramaphosa urged dialogue to prevent further loss of life and destruction.
The ceasefire follows a month of escalating conflict that has driven oil prices higher and affected South Africa's economy.
Oil prices have fallen since the ceasefire, but analysts warn pressures will persist.
South African civic groups have protested military aggression linked to the conflict.