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Originally published by The Standard BusinessMarch 7, 2026
4h ago
Kenya's oil sector on edge amid escalating US-Israeli war on Iran
Kenya’s oil sector faces potential disruption and rising fuel prices as the US–Israel war on Iran threatens global supply chains...
✨ Key Highlights
Kenya faces a potential fuel supply crisis as the escalating US-Israeli war on Iran threatens to disrupt the economy and increase prices.
- The conflict could lead to a full-blown economic crisis, higher pump prices, disrupted supply chains, and increased costs for essential goods.
- Key stakeholders include the economies of Kenya, the United States, and Israel, alongside Iran.
- The situation poses a significant strain on Kenya’s foreign exchange reserves.
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