Rising tensions around Iran and oil infrastructure in the Persian Gulf are creating concerns about a potential global energy shock. The Strait of Hormuz, a critical shipping route through which about one fifth of the world’s oil passes, sits at the centre of the risk. Any disruption to tanker traffic can quickly push global oil prices higher. For African economies that rely heavily on imported fuel, the impact can be immediate. In Ghana, higher oil prices would likely translate into increased fuel costs, rising transport fares, and renewed inflation pressure. Shipping and fertilizer prices could also rise, affecting trade and food systems. Although the conflict is unfolding far from Africa, its economic consequences could be felt quickly across the continent.