Former Deputy Energy Minister, Andrew Egyapa Mercer, has warned that the ongoing war involving Iran, Israel, and the United States is unlikely to end soon and is already affecting economies worldwide, including Ghana.
Speaking on Wwestern Diamonds, he highlighted the recent surge in petroleum prices as a direct impact of the international conflict, drawing parallels to previous global disruptions, such as the Russia–Ukraine war, which had also driven costs up across multiple sectors.
Mercer argued that criticisms of former President Nana Akufo-Addo during that period overlooked the effect of external pressures on Ghana’s economy. He emphasized that supply chain disruptions and rising global prices make fuel and trade more expensive locally.
“The current increases in fuel prices clearly show how global conflicts translate into domestic economic challenges,” Mercer said, noting that the public can now see the tangible effects of external factors on Ghanaian livelihoods.
The former minister also suggested that understanding the role of international developments is critical for shaping realistic economic policies and managing expectations at home.
