Ghana: Middle East Crisis Tests Ghana's Forex Resilience As Oil Import Bills Soar

[Ghanaian Times] Ghana faces mounting external headwinds from elevated oil prices and surging shipping costs triggered by Middle East geopolitical tensions. Standard Bank has sharply revised downward its current account surplus projection for 2026, slashing the forecast by approximately $1 billion, primarily driven by soaring petroleum import costs. The revisions underscore the vulnerability of Africa's largest gold producer to global energy market shocks.