{"id":423536,"date":"2026-04-06T23:16:19","date_gmt":"2026-04-06T23:16:19","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/423536\/"},"modified":"2026-04-06T23:16:19","modified_gmt":"2026-04-06T23:16:19","slug":"energy-buyers-pivot-to-africa-as-middle-east-tensions-escalate","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/423536\/","title":{"rendered":"Energy Buyers Pivot to Africa As Middle East Tensions Escalate"},"content":{"rendered":"<p> .content {<br \/>\n  }<br \/>\n]]><\/p>\n<p>The ongoing conflict in the Middle East is <a href=\"https:\/\/allafrica.com\/stories\/202604060250.html\" target=\"_blank\" rel=\"nofollow noopener\">driving European and Asian buyers toward African oil-producing nations<\/a>, which offer lower insurance premiums and more predictable delivery schedules compared to other high-risk zones. Industry experts have said Africa&#8217;s energy leaders &#8211; including Nigeria, Libya, Angola, Gabon, Mozambique, Namibia, and Tanzania &#8211; are increasingly viewed as lower-risk alternatives to Middle Eastern suppliers.<\/p>\n<p>The U.S.-Israel-Iran crisis has upended global energy markets, disrupting millions of barrels of crude oil per day and 20% of the world&#8217;s liquefied natural gas (LNG) supply. While various global producers may benefit from the potential closure of the Strait of Hormuz, analysts suggest that Africa&#8217;s energy giants could emerge as the primary long-term winners, thanks to a geography that remains &#8220;largely insulated&#8221; from major conflict zones.<\/p>\n<ul class=\"stories\">\n<li class=\"first\">\n<p class=\"title\">Africa:\u00a0<br \/>\n                    <a title=\"Middle East Crisis Pushes Buyers to Nigeria, Other African Producers\" href=\"https:\/\/allafrica.com\/stories\/202604060250.html\" rel=\"nofollow noopener\" target=\"_blank\">Middle East Crisis Pushes Buyers to Nigeria, Other African Producers<br \/>\n                    <\/a>\n                  <\/p>\n<p class=\"source\">Leadership,  6 April 2026<\/p>\n<p>      <a href=\"https:\/\/allafrica.com\/stories\/202604060250.html\" title=\"Middle East Crisis Pushes Buyers to Nigeria, Other African Producers\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>          <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/04\/00590158:09e7f1f1b613a7e878882f32d8df4d20:arc614x376:w400:us1.jpg\" alt=\"\" width=\"400\" height=\"245\"\/><\/p>\n<p>      <\/a><\/p>\n<p class=\"summary\">Global energy analysts have predicted that Nigeria, along with other oil-producing African countries, will become a major beneficiary of the ongoing Middle East conflict.\u00a0<a href=\"https:\/\/allafrica.com\/stories\/202604060250.html\" rel=\"nofollow noopener\" target=\"_blank\">Read\u00a0more\u00a0\u00bb<\/a><\/p>\n<\/li>\n<li class=\"\">\n<p class=\"title\">Nigeria:\u00a0<br \/>\n                    <a title=\"Us-Iran Conflict - Man Outlines Measures to Mitigate Effect On Nigerian Manufacturers\" href=\"https:\/\/allafrica.com\/stories\/202604060292.html\" rel=\"nofollow noopener\" target=\"_blank\">Us-Iran Conflict &#8211; Man Outlines Measures to Mitigate Effect On Nigerian Manufacturers<br \/>\n                    <\/a>\n                  <\/p>\n<p class=\"source\">Vanguard,  6 April 2026<\/p>\n<p class=\"summary\">The Manufacturers Association of Nigeria (MAN) has warned that the unfolding geopolitical tensions in the Middle East poses immediate, severe and multifaceted risks to Nigeria&#8217;s\u2026\u00a0<a href=\"https:\/\/allafrica.com\/stories\/202604060292.html\" rel=\"nofollow noopener\" target=\"_blank\">Read\u00a0more\u00a0\u00bb<\/a><\/p>\n<\/li>\n<li class=\"\">\n<p class=\"title\">Africa:\u00a0<br \/>\n                    <a title=\"Tanzania Pushes for Self-Reliant Africa\" href=\"https:\/\/allafrica.com\/stories\/202604060031.html\" rel=\"nofollow noopener\" target=\"_blank\">Tanzania Pushes for Self-Reliant Africa<br \/>\n                    <\/a>\n                  <\/p>\n<p class=\"source\">Daily News,  5 April 2026<\/p>\n<p class=\"summary\">FINANCE Minister Ambassador Khamis Mussa Omar has urged African countries to adopt a unified approach to building resilient and self-reliant economies amid global crises. He\u2026\u00a0<a href=\"https:\/\/allafrica.com\/stories\/202604060031.html\" rel=\"nofollow noopener\" target=\"_blank\">Read\u00a0more\u00a0\u00bb<\/a><\/p>\n<\/li>\n<li class=\"\">\n<p class=\"title\">Nigeria:\u00a0<br \/>\n                    <a title=\"Nigeria Poised for Oil Windfall, but Faces Growth Slowdown, Inflation Shock - Report\" href=\"https:\/\/allafrica.com\/stories\/202604030123.html\" rel=\"nofollow noopener\" target=\"_blank\">Nigeria Poised for Oil Windfall, but Faces Growth Slowdown, Inflation Shock &#8211; Report<br \/>\n                    <\/a>\n                  <\/p>\n<p class=\"source\">This Day,  3 April 2026<\/p>\n<p class=\"summary\">Nigeria may emerge as one of the few short-term beneficiaries of the escalating Middle East conflict, but the broader outlook for the country and Africa remains grim, with rising\u2026\u00a0<a href=\"https:\/\/allafrica.com\/stories\/202604030123.html\" rel=\"nofollow noopener\" target=\"_blank\">Read\u00a0more\u00a0\u00bb<\/a><\/p>\n<\/li>\n<li class=\"last\">\n<p class=\"title\">Rwanda:\u00a0<br \/>\n                    <a title=\"IMF Agrees $250m Support to Help Rwanda Handle Economic Shocks\" href=\"https:\/\/allafrica.com\/stories\/202604030044.html\" rel=\"nofollow noopener\" target=\"_blank\">IMF Agrees $250m Support to Help Rwanda Handle Economic Shocks<br \/>\n                    <\/a>\n                  <\/p>\n<p class=\"source\">New Times,  2 April 2026<\/p>\n<p>      <a href=\"https:\/\/allafrica.com\/stories\/202604030044.html\" title=\"IMF Agrees $250m Support to Help Rwanda Handle Economic Shocks\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>          <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/04\/00601511:6442a64ef272679433f3d2ca9133f368:arc614x376:w400:us1.jpg\" alt=\"\" width=\"400\" height=\"245\"\/><\/p>\n<p>      <\/a><\/p>\n<p class=\"summary\">Rwanda has reached a staff-level agreement with the International Monetary Fund (IMF) for a $250 million (Rwf365 billion) support programme over the next 38 months.\u00a0<a href=\"https:\/\/allafrica.com\/stories\/202604030044.html\" rel=\"nofollow noopener\" target=\"_blank\">Read\u00a0more\u00a0\u00bb<\/a><\/p>\n<\/li>\n<\/ul>\n<ul class=\"features\">\n<li>\n<p>        <a href=\"https:\/\/allafrica.com\/view\/group\/main\/main\/id\/00096276.html\" title=\"Middle East Unrest Set to Drive Up African Food and Fuel Costs\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/04\/00540890:2cae0d3583a21475916ca109f5545c03:arc180x120:w400:us1.jpg\" alt=\"A pump attendant refills a car\u2019s fuel tank (file photo).\" width=\"180\" height=\"120\"\/><\/p>\n<p>        <\/a><\/p>\n<p>African nations are bracing for a surge in fuel and food prices as disruptions in the Strait of Hormuz, fueled by ongoing conflict in the Middle East, continue to worsen. The Africa Supply Chain Confederation (ASCON) <a href=\"https:\/\/allafrica.com\/stories\/202604030309.html\" target=\"_blank\" rel=\"nofollow noopener\">warns<\/a> that the blocked waterway carries far more weight for the continent than many realize.<\/p>\n<p>&#8220;This is not just an oil story,&#8221; said ASCON President Ronald Mlalazi. Citing the International<\/p>\n<p> <a href=\"https:\/\/allafrica.com\/view\/group\/main\/main\/id\/00096276.html\" rel=\"nofollow noopener\" target=\"_blank\">Read\u00a0more\u00a0\u00bb<\/a><\/p>\n<\/li>\n<li>\n<p>        <a href=\"https:\/\/allafrica.com\/view\/group\/main\/main\/id\/00095880.html\" title=\"What Iran, Israeli, U.S. Attacks Mean for Africa, and Its Economy\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/04\/00680876:d4f17eb14d52c58e2877f9ab748491d5:arc180x120:w400:us1.jpg\" alt=\"(file image)\" width=\"180\" height=\"120\"\/><\/p>\n<p>        <\/a><\/p>\n<p>Several countries are activating emergency plans for their citizens in the Middle East as the escalating attacks\u00a0lit a fuse under the <a href=\"https:\/\/allafrica.com\/stories\/202603020633.html\" target=\"_blank\" rel=\"nofollow noopener\">price of oil and gold<\/a> &#8211; &#8220;conflict commodities&#8221; which, for different reasons, often reflect geopolitical tensions, reports Ed Stoddard for Daily Maverick.<\/p>\n<p>Meanwhile, South Africa&#8217;s President Ramaphosa has <\/p>\n<p> <a href=\"https:\/\/allafrica.com\/view\/group\/main\/main\/id\/00095880.html\" rel=\"nofollow noopener\" target=\"_blank\">Read\u00a0more\u00a0\u00bb<\/a><\/p>\n<\/li>\n<li>\n<p>        <a href=\"https:\/\/allafrica.com\/view\/group\/main\/main\/id\/00096155.html\" title=\"South Africa in Talks With Nigeria About Extra Fuel - Report\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/04\/00591440:170c2027710ebf733723aab9b6a06c39:arc180x120:w400:us1.jpg\" alt=\"(file photo)\" width=\"180\" height=\"120\"\/><\/p>\n<p>        <\/a><\/p>\n<p>The South African government is in <a href=\"https:\/\/allafrica.com\/stories\/202603240091.html\" target=\"_blank\" rel=\"nofollow noopener\">talks<\/a> with Nigeria for a 12-month fuel deal amid global shortages, as African countries rush to secure supplies. The National Taxi Council is also <a href=\"https:\/\/allafrica.com\/stories\/202603240236.html\" target=\"_blank\" rel=\"nofollow noopener\">warning<\/a> that fares may rise if the Middle East conflict continues to push\u00a0fuel prices higher in South Africa.<\/p>\n<p> <a href=\"https:\/\/allafrica.com\/view\/group\/main\/main\/id\/00096155.html\" rel=\"nofollow noopener\" target=\"_blank\">Read\u00a0more\u00a0\u00bb<\/a><\/p>\n<\/li>\n<\/ul>\n<p>              <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/04\/00370554:5081f17a82e657194b56d18565401f19:arc614x376:w614:us1.jpg\" width=\"614\" height=\"376\"\/><\/p>\n<p>Oil tanker with the city of Lagos in the background.<\/p>\n","protected":false},"excerpt":{"rendered":".content { } ]]&gt; The ongoing conflict in the Middle East is driving European and Asian buyers toward&hellip;\n","protected":false},"author":2,"featured_media":423537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[4204,79,189473,11021,20717,15855,179,18,115780,19,17,189475,5,3713,189474,790,132,1997,4319,14681],"class_list":["post-423536","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-africa","tag-business","tag-business-and-finance","tag-conflict","tag-current-events","tag-east-africa","tag-economy","tag-eire","tag-external-relations","tag-ie","tag-ireland","tag-middle-east-and-africa","tag-news","tag-nigeria","tag-peace-and-security","tag-politics","tag-sports","tag-trade","tag-travel","tag-west-africa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116360314305812624","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/423536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=423536"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/423536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/423537"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=423536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=423536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=423536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}