Sasol share price jumps as oil spike shakes markets — what JSE investors watch next
Sasol shares jumped 5.6% in Johannesburg on Monday, following a 16% surge Friday, as Brent crude hit a 13-month high amid the Iran conflict. The stock reached a 52-week high of 163.55 rand before easing. The rand weakened 1.4% against the dollar. An arbitrator ruled against Sasol in an ethylene pricing dispute with KAP’s Safripol unit, with Sasol considering a court review.