President Ruto Assures Kenyans of Fuel Stability Amid Middle East Crisis
President Ruto said the government is working closely with regional partners and industry stakeholders to ensure steady fuel availability and prevent shortages. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
President William Ruto has reassured Kenyans that the government has implemented measures to secure fuel and commodity supplies amidst rising Middle East tensions.
- The Kenyan government is actively monitoring the situation and collaborating with regional partners and industry stakeholders to ensure steady fuel availability.
- President Ruto warned against artificial shortages and profiteering, vowing firm action against exploiters.
- The Government-to-Government (G-to-G) oil import arrangement, introduced in 2023, is highlighted as a key factor stabilizing prices and easing pressure on the exchange rate.
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Treasury Uses Petroleum Levy to Stabilize Fuel Prices - March 2026
Kenya's Treasury CS John Mbadi has ruled out new taxes in the Finance Bill 2026, shifting focus to improving revenue collection efficiency by the Kenya Revenue Authority. The Treasury plans to utilize the Petroleum Development Levy (PDL) to stabilize fuel prices, rejecting calls for direct subsidies. Meanwhile, Vivo Energy Kenya is addressing temporary fuel shortages across its network, attributing the issue to an unexpected surge in customer demand. President William Ruto has also reassured Kenyans that the government has implemented measures to secure fuel and commodity supplies amidst rising Middle East tensions.
