Middle East conflict forces shipping reroutes, oil surge in double shock to African trade
The rapid escalation of the US-Israeli military campaign against Iran, now in its sixth day, is delivering a double blow to African trade through disrupted maritime corridors and a volatile surge in global energy prices.With the Strait of Hormuz effectively closed amid Iranian attacks on tankers and threats to shipping, and renewed Houthi-linked risks in the Bab el-Mandeb Strait forcing full reroutes around the Cape of Good Hope, Africa’s reliance on imported goods, fuels, and food is turning into a costly vulnerability. Read More

