CNN
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The impact of oil price spikes across Africa
Posted
March 13, 2026
Views
23,307
Likes
376
Comments
44
Engagement
1.80%
March 13, 2026
23,307
376
44
1.80%
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1:36
0:51Now PlayingOil price spikes triggered by the war with Iran could have a catastrophic impact on African nations. These countries should start preparing now, one economist from the Institute of Economic Affairs in Kenya told CNN’s Larry Madowo. Even Africa's most advanced economy, South Africa, is exposed to the oil price shocks, which could cause higher fuel costs, rising inflation and renewed pressure on currencies. #cnn #iran #oil #africa
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