Bokpin warns Ghana faces major oil price shock from US–Israel strikes on Iran

Ghana could face sharp fuel price hikes and rising living costs if global crude oil prices surge as a result of the ongoing US–Israel strikes on Iran, economist Godfred Bokpin has warned. Speaking on Tuesday on the Joy Super Morning Show, Prof. Bokpin said any major disruption to oil supplies in the Middle East would quickly affect Ghanaian consumers through higher fuel, transport, and commodity prices.

By Caleb Ahinakwah