Deputy Ranking Member of Parliament’s Energy Committee, Collins Adomako-Mensah, has cautioned that Ghana’s economy may face serious setbacks if tensions between Israel and Iran continue to escalate.
Speaking on Channel One TV on June 16, 2025, the MP stressed that Ghana’s heavy dependence on imported petroleum products leaves it highly exposed to global energy market disruptions.
“This conflict is already starting to affect international travel,” he said. “Both Israel and Iran are key oil producers, so any extended hostilities will certainly impact global oil prices — and by extension, our local economy.”
Adomako-Mensah explained that a surge in global oil prices could trigger a rise in domestic fuel costs, with ripple effects across inflation, transport, and food prices in Ghana.
He called for proactive diplomatic efforts at the global level to help de-escalate tensions and safeguard vulnerable economies like Ghana’s from further shocks.
“If the conflict drags on, the economic strain on countries like ours — that rely so heavily on fuel imports — will be significant,” he warned.
Comments