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Fuel prices rose because refined products became more expensive during Iran conflict- NPA CEO reveals

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The Chief Executive Officer of the National Petroleum Authority (NPA), Edudzi Tameklo, has explained that fuel prices in Ghana increased even though global crude oil prices fell because the prices of refined petroleum products rose sharply during the recent conflict involving the United States, Israel and Iran.
According to him on Joy fm on August 3, 2026, Mr. Tameklo said public discussions on fuel pricing often focus only on crude oil prices and ignore other important factors that determine the pump price of petroleum products.
He explained that before the conflict, a metric tonne of diesel sold for about 794 US dollars, but after the hostilities intensified, the price rose to about 1,340 dollars per metric tonne.
“That same quantity of diesel is now selling for about 1,340 dollars per metric tonne. That is where the bigger challenge is,” he stated.
According to him, crude oil is traded in barrels, while refined products such as diesel are traded in metric tonnes, and the two prices do not always move in the same direction.
Mr. Tameklo said fuel pricing in Ghana is determined mainly by three factors: the international price of refined products, the exchange rate, and taxes and margins.
He noted that taxes and margins have largely remained unchanged, while the exchange rate has been relatively stable in recent months, leaving the international price of refined products as the main source of the recent increase.
The NPA CEO said that when a ceasefire was announced in June, refined product prices fell from nearly 1,200 dollars to about 890 dollars per metric tonne, and pump prices in Ghana dropped to levels seen before the conflict.
However, he said renewed military action caused prices to rise again.
“It is unfortunate that the bombing resumed, and that immediately pushed prices back up,” he said.
Mr. Tameklo acknowledged that crude oil prices did not rise by the same magnitude.
He noted that crude oil briefly rose to around 110 dollars per barrel during the height of the conflict and later declined to about 87 dollars per barrel after signs of easing tensions emerged.
He explained that Ghana does not use the daily crude price when setting fuel prices.
Instead, authorities calculate the average international prices over the previous 14 days before announcing a new pricing window.
“If you quote today’s crude price, it will not reflect the decision that was taken based on the previous 14 days,” he explained.
Mr. Tameklo said the conflict increased the cost of moving petroleum products across international shipping routes.
According to him, insurance premiums for cargoes have risen significantly because of heightened risks in the region, particularly around the Strait of Hormuz.
He added that recent diplomatic efforts involving Oman, Iran and other Gulf states had helped calm the market and contributed to the latest decline in crude oil prices.
The NPA CEO said understanding fuel prices requires a broader assessment of global refined product markets, shipping costs, insurance charges and exchange rate movements, not crude oil prices alone.
By: Jacob Aggrey
News
Don’t ignore painless lumps in breast …Women told

Women have been asked not to dismiss painless lumps in the breast, as the absence of pain does not mean a lump is harmless.
A Specialist Radiation Oncologist at the Korle-Bu Teaching Hospital, Dr Mary Ann Dadzie, said women should seek medical attention promptly whenever they noticed any unusual changes in the breast.
“A painless lump is not a harmless lump. You need to take action and not wait for pain,” she said.![Prof.Dr.Grace Ayensu-Danquah [middle] launching of Breast Cancer Awarencss Mouth with Dr.Caroline Reindorf Amissah[second from right] and other officials Photo Okai Elizabeth.](https://spectator.com.gh/wp-content/uploads/2026/10/Prof.Dr_.Grace-Ayensu-Danquah-middle-launching-of-Breast-Cancer-Awarencss-Mouth-with-Dr.Caroline-Reindorf-Amissahsecond-from-right-and-other-officials-Photo-Okai-Elizabeth.jpg)
Dr Dadzie made the call at the 2026 national launch of Breast Cancer Awareness Month, held on the theme, “early action, better outcomes.”
She expressed concern that about 45 per cent of breast cancer patients seen at Korle-Bu failed to return after starting treatment.
According to her, some patients began treatment but later stopped reporting to the hospital, leaving health professionals uncertain about their wellbeing.
She attributed the situation to several factors, including fear of death, financial difficulties, long distances to health facilities, lack of time and stigma.
Dr Dadzie urged women to know their breasts and seek medical attention within two weeks of noticing any abnormality.
She said warning signs could include a lump or thickening in the breast or armpit, changes in breast size, an inverted nipple, nipple discharge and changes in the skin, including redness, sores or an orange-peel appearance.
She cautioned women not to assume they were safe simply because they had no family history of breast cancer, explaining that only about five to 10 per cent of women with the disease had a familial or genetic mutation.
Dr Dadzie encouraged women to undergo regular clinical breast examinations and discuss appropriate screening options, including mammography and ultrasound, with health professionals.
She also called on families, particularly husbands and partners, to support women who needed breast examinations or treatment.
“Home is where the support begins,” she said, urging families to provide practical assistance such as transportation and childcare.
Dr Dadzie further appealed for breast cancer services to be brought closer to communities through increased access to mammography, ultrasound and biopsy services, as well as the training of more health professionals.
The Deputy Minister of Health, Prof. Dr Grace Ayensu- Danquah, said breast cancer remained a major health concern among women in Ghana, with an estimated 4,650 new cases and about 2,060 deaths recorded annually.
She said Ghana’s breast cancer response focused on prevention, early detection, equitable access to treatment and compassionate care.
Dr Ayensu-Danquah said the country was working to strengthen awareness, clinical breast examinations, referral systems, pathology and diagnostic services to improve breast cancer outcomes.
The World Health Organisation (WHO) representative, Dr Joana Ansong, said too many women continued to present with advanced breast cancer, resulting in avoidable suffering and deaths.
She called for stronger health education, timely diagnosis, rapid referral and equitable access to comprehensive treatment and support.
Dr Ansong said breast cancer awareness should move beyond campaigns to sustained action involving government, communities, health professionals, civil society organisations, the private sector and families.
By Esinam Jemima Kuatsinu
News
Safety concerns at Percheyire R/C Basic school …Teachers, learners at risk

Authorities of Percheyire R/C Basic School in the Yilo Krobo District of the Eastern Region are concerned about the safety of teachers and learners of the school, as reports of the condition of the structure appear to have fallen on deaf ears.
The ramshackle classroom structure looks like one that could cave in in the case of a heavy storm and, according to the teachers, teaching and learning become impossible when the rains set in.
The structure, which accommodates pupils from Primary Four to Six, has worn-out roofing sheets, mud walls and sections supported by wood used as pillars.
A source at the school, who requested anonymity, told The Spectator in an interview that the situation was particularly difficult during the rainy season.
“When it rains, it means teaching and learning would come to an end,” he said.
The source explained that the challenge affected only the upper primary section, as pupils from Kindergarten to Primary Three were housed in a relatively better block.
According to the source, about 30 pupils from Primary Four to Six currently use the dilapidated structure, but expressed grave concern about its condition.
The source, however, said that the safety of the pupils, their furniture and books remained a concern, particularly during heavy rains.
The source said the situation had been reported to the relevant authorities and was hopeful that the structure would eventually be reconstructed.
Some pupils sitting in one of the classrooms
Despite the visit to the school, authorities indicated that work would be undertaken, but the school was yet to receive further information on when the project would begin.
The source also identified the poor road network to the school as another challenge affecting enrolment, saying the school serves pupils from Percheyire and three neighbouring communities.
It also emerged that an enrolment drive embarked upon in one of the communities, Togodo, showed that more than 60 school-going children lived in the community, but were unable to attend the school regularly because of the distance and poor road.
The school currently has about 110 pupils from Kindergarten through Junior High School, according to the source.
The source said improving both the classroom infrastructure and the road network would help create a more conducive learning environment and potentially improve enrolment.
A former teacher of the school, Rev. Elizabeth Korasare, said she was surprised to find the structure still in use after 38 years.
“I was surprised to see that the classroom I sat in 38 years ago is in the same state. Even though there are some new blocks, the upper primary is still housed in that same dilapidated structure,” she told The Spectator.
She therefore appealed to the relevant stakeholders to support the school by building a modern structure and improving the road network.
By Esinam Jemima Kuatsinu
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