According to the association, the conflict has already begun to affect global energy markets, with oil and gas prices rising since the start of the war. GUTA is therefore calling on the international community to urgently step in to de-escalate the situation and restore peace to the region. “It is therefore our prayer that the international community intervenes, as a matter of urgency, to broker peace and bring relief to humanity and the global business community at large,” the association said. “We are afraid that if no immediate solution is found, its effect on businesses will be overwhelming,” the Union cautioned. The association also advised traders and members of the business community to avoid travelling to areas affected by the conflict until the situation stabilises.

Source: GhanaWeb March 10, 2026 04:39 UTC