Business News of Thursday, 29 January 2026Source: www.ghanaweb.comGlobal oil prices surged on Thursday, January 29, 2026, as rising tensions involving Iran fueled fears of supply disruptions. US West Texas Intermediate crude briefly rose above $65 a barrel, also reaching a four-month high. Oil prices projected to fall below $60 in 2026 - ReportAnalysts said the price rally reflected a widening geopolitical risk premium as investors weighed the consequences of escalating tensions in the Middle East. US President Donald Trump has increased pressure on Tehran to end its nuclear programme, with threats of military strikes and the arrival of a US naval group in the ⁠region. SP/AMBoG lowers policy rate from 18% to 15.5%Banking sector shows resilience as assets, profits grow in 2025 - BoGBanking sector shows resilience as assets, profits grow in 2025 - BoG

Source: GhanaWeb January 29, 2026 20:40 UTC