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16:13ZWFWITNESSIRNA: Iranian Deputy Oil Minister and Head of Iran's National Petrochemical Company Hassan Abbaszadeh stated…16:13ZTHECRADLEMIranian Foreign Minister Abbas Araghchi:"The Islamabad Memorandum of Understanding has never been closer. Pen…16:12ZGEOPWATCHDrone alerts have been activated for Betzet, Betzet Beach, Shlomi, and Rosh HaNikra, the western Galilee regi…16:10ZCORRIEREDEProblema tecnico sull’aereo del Papa: re Felipe sale a bordo e lo scorta in sala vip Leggi l'articolo complet…16:10ZIDFOFFICIAIDF: Following the sirens that sounded a short while ago regarding a hostile aircraft infiltration in several…16:09ZFARSNAWorld Cup dolls went to hunt a smuggler 🔹 Peruvian police in a strange operation, at the same time as the op…16:08ZTSAPLIENKOthe Russian Federation officially warned the USA and its partners about the Oreshnik attack on Ukraine on Jun…16:08ZBRICSNEWSTrump reposts Iranian foreign minister's post saying war deal close16:13ZWFWITNESSIRNA: Iranian Deputy Oil Minister and Head of Iran's National Petrochemical Company Hassan Abbaszadeh stated…16:13ZTHECRADLEMIranian Foreign Minister Abbas Araghchi:"The Islamabad Memorandum of Understanding has never been closer. Pen…16:12ZGEOPWATCHDrone alerts have been activated for Betzet, Betzet Beach, Shlomi, and Rosh HaNikra, the western Galilee regi…16:10ZCORRIEREDEProblema tecnico sull’aereo del Papa: re Felipe sale a bordo e lo scorta in sala vip Leggi l'articolo complet…16:10ZIDFOFFICIAIDF: Following the sirens that sounded a short while ago regarding a hostile aircraft infiltration in several…16:09ZFARSNAWorld Cup dolls went to hunt a smuggler 🔹 Peruvian police in a strange operation, at the same time as the op…16:08ZTSAPLIENKOthe Russian Federation officially warned the USA and its partners about the Oreshnik attack on Ukraine on Jun…16:08ZBRICSNEWSTrump reposts Iranian foreign minister's post saying war deal close
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Vol. I · No. 163
Friday, 12 June 2026
16:14 UTC
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Business · Economy

The Oil Shock Nobody's Talking About: How Iran's War Could Cripple African Economies

While Western media focuses on regional security, African nations face an existential threat: oil prices that could destabilize fragile economies.
/ @NikkeiAsia · Telegram

Sources:

  • International Monetary Fund, Regional Economic Outlook: Sub-Saharan Africa
  • African Development Bank, Commodity Price Briefings
  • OPEC Monthly Oil Market Report
  • Central Bank of Kenya, Ghana, Nigeria, Ethiopia (foreign exchange data)
  • World Bank Remittance Data

Author's Note: This analysis is based on publicly available economic data and reflects the author's assessment of the potential impacts of the Iran-Israel conflict on African economies. The views expressed are those of Moemedi Michael Poncana and do not necessarily reflect those of Monexus Media.

Sources

  • International Monetary Fund, Regional Economic Outlook: Sub-Saharan Africa
  • African Development Bank, Commodity Price Briefings
  • OPEC Monthly Oil Market Report
  • Central Bank of Kenya, Ghana, Nigeria, Ethiopia (foreign exchange data)
  • World Bank Remittance Data
© 2026 Monexus Media · reported from the wire