Fuel price volatility far from over as Middle East crisis deepens – COMAC CEO
Renewed tensions between the United States and Iran after the collapse of peace efforts are keeping Ghana’s fuel market on edge, with uncertainty in the Middle East continuing to threaten price stability, according to the CEO of COMAC, Dr Riverson Oppong.
His comments come as Ghana’s petroleum industry closely monitors developments in the Middle East, where renewed US-Iran tensions have added another layer of uncertainty to an already volatile global energy market.
He warned that the uncertainty continues to expose Ghana’s downstream petroleum sector to significant risks as fuel prices swing sharply on the international market.
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