Mining & Energy
Iran tensions threaten Namibia's fuel imports and economy
The News
Military escalation between the US, Israel and Iran threatens global oil supplies and raises risks for fuel-importing Namibia, particularly if conflict disrupts the Strait of Hormuz. Analysts urge Namibia to build strategic fuel reserves, diversify suppliers beyond the Gulf region and accelerate renewable energy investment to cushion against price shocks.
2 March 2026 · New Era →