Ruto Unveils Plan to Protect Kenyans from Fuel Price Shocks

The anxiety is from the Iran-Israel/US war in the Middle East that has entered its 29th day, disrupting global oil supply at the Strait of Hormuz, a critical point responsible for the supply of 21 per cent of global oil supply...

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President William Ruto has announced measures to shield Kenyans from potential price shocks in fuel and other essential commodities stemming from the Middle East conflict.

A Government-to-Government fuel procurement deal is already in place, cushioning consumers from rising international oil prices.
President William Ruto met with key ministries (Energy, Agriculture, Trade), the National Treasury, the Central Bank of Kenya, and private sector representatives to assess the impact and plan interventions.
Fertiliser supplies are reportedly adequate through to September this year, assuring farmers and consumers of food security.

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