# From South Africa to Australia: Why coal profits are surging during the Iran war

https://mins.news/en/item/25810

- Al Jazeera, 2026-08-19 06:27 UTC
- Economy
- Original: https://www.aljazeera.com/news/2026/8/19/south-africa-to-australia-why-coal-profits-are-surging-during-iran-war?traffic_source=rss

> The US-Israel war on Iran has disrupted oil and gas supplies, and the closure of the Strait of Hormuz has pushed countries toward coal as a cheaper, more available fuel. South African thermal coal producer Thungela Resources reported that first-half profits doubled. Analysts say the global clean-energy transition remains on track despite a possible rise in coal use.

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