Iran Rushing to Export Oil Following Israeli Strikes
As conflict escalates between Iran and Israel, Tehran has responded not with restraint, but with a sharp increase in oil exports.
As conflict escalates between Iran and Israel, Tehran has responded not with restraint, but with a sharp increase in oil exports.
ASEC warns that rising global crude oil prices make Ghana’s GHC1 fuel levy unsustainable and urges government
IES warns that while local fuel prices remain stable, escalating Iran-Israel tensions could drive global oil prices higher
Government postpones the new GHS1 fuel levy under the Energy Sector Levies Act 2025, following global oil price hikes and stakeholder pressure.
President John Mahama cautions that Ghana is vulnerable to rising crude oil prices spurred by escalating conflict between Israel and Iran
Although the cost of refined petroleum products has declined internationally, the weakening Cedi-to-Dollar exchange rate has counteracted these benefits.
The meeting also addressed critical operational challenges affecting the downstream petroleum industry.
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