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Originally published by Capital Newstop
March 28, 2026
2h ago
Iran calms Kenyan markets over gulf shipping route closure fears

"The publication of false news and manipulated narratives concerning the closure of the Strait of Hormuz and its impacts on life expenses in countries like Kenya are products of the US and the Israeli regimeβs propaganda machinery and are aimed at distorting public opinion," st..
β¨ Key Highlights
The Embassy of the Islamic Republic of Iran in Kenya has issued a statement to Kenyan stakeholders, dismissing reports of disruptions in the Strait of Hormuz, attributing such narratives to US and Israeli propaganda.
- Iran assures that the strait remains open for compliant vessels, refuting claims of closure that could impact expenses in Kenya.
- Kenyan flower exporters have reportedly lost at least $4.8 million due to Middle East conflict, with fears of further losses exceeding $1.3 million weekly.
- Kenya Flower Council highlights the importance of Gulf countries as transit corridors for Kenyan exports to Europe and other global markets.
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