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Kenya: Middle East Turmoil Sparks Fears of Fuel Price Hike in Kenya

Kenya: Middle East Turmoil Sparks Fears of Fuel Price Hike in Kenya

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-10-12 13:20:15

As the Energy and Petroleum Regulatory Authority (EPRA) prepares to unveil the October-November fuel prices on October 15, mixed sentiments are emerging over the impending review.

The uncertainty is being fuelled by rising global oil prices, geopolitical conflicts, and local legal hurdles. Despite a recent drop in the landed cost of diesel, Kenyans remain wary of what lies ahead.

The Central Bank of Kenya (CBK) on Friday, October 11, reported an increase in international oil prices in its…

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