African governments have imposed sharp fuel price increases ​as the Iran war sends global oil prices surging and threatens to spark inflation across ‌the continent. African countries import most of their petroleum products, leaving many highly vulnerable to supply disruptions. South Africa, one of the continent’s largest economies, on Tuesday reduced its fuel levy for one month to help curb further prices rises in April, after ​trade unions and business groups pressured the government to intervene. In Ghana, the National ​Petroleum Authority raised mandatory minimum price floors for the April 1–15 pricing window, ⁠pushing petrol prices up around 15% to 13.30 cedis ($1.21) per litre (0.26 U.S. gallon) and diesel up ​roughly 19% to 17.10 cedis. President John Mahama said on Monday that the government was considering steps to cushion ​consumers, including reducing fuel margins and reviewing a recently imposed levy on petroleum products.

Full report : Iran War Fans Steep Fuel Hikes in Africa, Presidential Pay Cut.