President John Dramani Mahama has expressed alarm about the rising hostilities between the United States, Israel, and Iran, saying that the deepening Middle East conflict could have major economic consequences for Africa.
During a bilateral meeting with Tanzanian President Samia Suluhu Hassan at the State House in Arusha on March 2, 2026, Mahama labelled the region as the “epicentre of global oil supplies” and stated that African countries must prepare for unavoidable shocks.
He expressed concern about the escalating tensions between the United States, Israel, and Iran, including reported counter-attacks on portions of the Gulf.
Mahama pointed out that increased crude oil prices caused by the tensions will have a direct impact on African countries, many of whom rely significantly on imported petroleum goods.
The most recent escalation comes after months of tense ties between Iran and Israel, which were mostly focused on Iran’s nuclear program and its purported support of regional armed organisations.
Citing worries about regional stability and risks to international trade lanes, the United States, a major ally of Israel, has bolstered its military presence in the Gulf and supported Israeli security operations.
Iran has retaliated with missile and drone operations aimed at vital interests after accusing the US and Israel of aggression.
Fears of a larger regional conflict have increased due to the escalating tensions, especially in the area of the Strait of Hormuz, a crucial shipping route that transports a sizable portion of the world’s oil supply.
Due to the uncertainty, the price of crude oil has already somewhat increased globally, and analysts have warned that extended disruptions might put more pressure on countries that import energy, particularly several in Africa.
Source: newsthemegh.com