Middle East Conflict's Economic Impact on Africa: Analyst Warns of Oil Price Shocks, Inflation
Middle East Conflict's Economic Impact on Africa: Analyst Warns of Oil Price Shocks, Inflation
Iran's Ambassador to Kenya, Ali Gholampour, has sought to reassure Nairobi that Iranian missiles will not reach Kenyan territory, emphasizing Tehran's defensive posture and confidence that Kenya will not allow its soil to be used against Iran.
But economic observers warn the real threat to Africa may not be military—but financial. The war will hit the continent through oil prices, transport costs, food inflation, and potential disruption to key maritime trade routes, according to Kenyan strategist Jotham Anzia.
Watch the video analysis by a Sputnik Africa correspondent in Kenya, Ridah Chebet, for a deeper look at the economic risks facing the continent.
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