Business News of Friday, 10 April 2026Source: www.ghanaweb.comPresident John Dramani Mahama has ordered immediate action to protect Ghanaians from escalating fuel prices, driven by ongoing geopolitical tensions in the Middle East that continue to disrupt global oil supply chains. The recent spike in fuel prices has been attributed to disruptions along the Strait of Hormuz, a critical passage for global crude oil transportation. These disruptions have constrained supply and contributed to one of the sharpest increases in fuel prices recorded in Ghana in recent months. The initiative is expected to offer more affordable fares compared to private operators, providing relief to commuters facing rising transport costs. These interventions form part of a coordinated national strategy aimed at stabilising fuel prices and minimising their broader impact on the economy.

Source: GhanaWeb April 10, 2026 22:57 UTC