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flag U.S.-Iran tensions since Feb 2026 threaten Southern Africa’s economy via rising oil, food prices, and reduced investment.

flag Southern African leaders face rising economic risks due to U.S.-Iran tensions that began in February 2026, South Africa’s foreign minister Ronald Lamola warned at a SADC meeting. flag The conflict is disrupting global markets, threatening supply chains, and increasing risks of oil price spikes and food inflation. flag Import-dependent nations in the region are especially vulnerable to rising oil and fertilizer costs, which could drive up food prices and strain public finances. flag Lamola also cautioned that Gulf states may shift investments from infrastructure and critical minerals toward defense, reducing foreign funding for regional development. flag He stressed the urgent need for regional cooperation to protect the economic stability of SADC’s 380 million people.

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