The Middle East conflict has disrupted a massive chunk of global energy supplies, causing oil prices to skyrocket. While Russia initially appeared to benefit, experts now believe Africa could emerge as the biggest winner in this rapidly evolving landscape.

Surging oil prices linked to the escalating war with Iran have rattled energy markets, jumping over 9% and threatening the profitability of U.S. airlines. With fuel hedging largely abandoned, many carriers are now exposed to sudden cost spikes, leaving only a small group able to remain profitable.

Oil prices have soared by 7% while US stocks have slumped, as fears grow that Israel’s attack on Iranian nuclear and military sites could disrupt the global flow of crude oil and harm the world economy.