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...
✨ Key Highlights
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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Kenya Moves to Leverage Transshipment Opportunities Amid Gulf Crisis - March 2026
Kenya is actively seeking to capitalize on emerging transshipment opportunities created by disruptions to global supply chains stemming from the Gulf crisis, aiming to strengthen its position as a regional trade hub. 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. The government has assured the nation of adequate fertilizer supplies through September despite global trade disruptions, with a vessel carrying approximately 2 million bags of fertilizer docking at the Port of Mombasa. The NCPB has extended distribution hours to weekend and public holidays to aid farmers impacted by the delivery delay.
