Kenya shields fuel supply, prices with G-to-G deal amid Iran war
President William Ruto said the arrangement has helped stabilise prices and ensure consistent supply despite disruptions affecting global oil markets. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenya is shielding its fuel supply and prices from global instability, particularly amid tensions in the Middle East, through a Government-to-Government (G-to-G) import deal.
- The G-to-G arrangement provides fuel on credit from Gulf-based suppliers, stabilizing domestic prices and ensuring consistent supply despite disruptions affecting key oil transit routes like the Strait of Hormuz.
- President William Ruto highlighted the deal's success in cushioning the country from price volatility.
- Beyond fuel, Kenya also reports adequate fertilizer supply for the current planting season, while meat exports face disruption due to logistical challenges.
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