Fuel Price Concerns Rise Ahead of EPRA Review After Trump’s Latest Orders
Global oil prices jump after U.S. orders Strait of Hormuz blockade, with Kenya eyeing impact on EPRA fuel price review...
✨ Key Highlights
United States President Donald Trump has ordered a naval blockade of the Strait of Hormuz following the collapse of talks with Iran over its nuclear program, escalating global oil tensions.
- The blockade will begin effective immediately, with the U.S. Navy poised to intercept vessels entering or leaving the strait.
- Brent crude oil prices have surged past USD103 (Ksh13,312) a barrel due to concerns over supply disruptions.
- The announcement raises concerns for Kenya, with the Energy and Petroleum Regulatory Authority (EPRA) expected to announce its monthly fuel price review on Tuesday, April 14.
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Energy CS Wandaji Says He Will Not Resign Over Sh 4.8 Billion Fuel Consignment - April 2026
Kenya's Energy Cabinet Secretary Opiyo Wandayi has refused to resign over a controversial Sh 4.8 billion fuel consignment imported outside the Government-to-Government framework. Kenya is planning to establish long-term fuel reserves to end fears of supply shocks and shortages, with the country currently relying on a continuous supply chain with reserves only sufficient for a maximum of 21 days. Fuel price concerns have risen ahead of the EPRA review after United States President Donald Trump ordered a naval blockade of the Strait of Hormuz following the collapse of talks with Iran over its nuclear program.
