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April 13, 2026
2h ago

Fuel Price Concerns Rise Ahead of EPRA Review After Trump’s Latest Orders

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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