The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran’s closure of the Strait of Hormuz in response to the US and Israeli action. About 20% of the world’s oil supplies are transported through the strait.

In the words of the International Energy Agency:

The war in the Middle East is creating the largest supply disruption in the history of the global oil market.

The impact is being felt by countries across the globe. African countries are no exception, including those that produce oil.

We asked five scholars from Nigeria, South Africa, Senegal, Kenya and Ethiopia to answer the question: Is the spike in oil…