Kenya: Strait of Hormuz Tensions Raise Fuel, Shipping Cost Concerns in Kenya

Tensions around the Strait of Hormuz, a key global maritime corridor through which a significant share of the world’s oil and gas passes, are raising concerns over potential disruptions to international energy supplies, with ripple effects expected across import-dependent economies, including Kenya.

The Strait of Hormuz is a narrow maritime passage through which more than 20 per cent of global crude oil and liquefied natural gas flows.

Because of the sheer capacity of oil that flows…