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Originally published by The Standard Business
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June 19, 2026
5h ago

Falling crude oil prices raise hope of relief at the pump

Falling crude oil prices raise hope of relief at the pump

News of a deal to end the Iran-US war earlier this week has seen prices fall to below $100 per barrel for the first time in months...

✨ Key Highlights

Falling crude oil prices, driven by a nearing U.S.-Iran deal, are sparking hope for lower fuel costs in Kenya.

  • Crude oil prices have dropped by over 25 per cent, reaching nearly $70 per barrel from March highs of over $100.
  • The development follows a reported truce between the United States and Iran.
  • This price drop could translate to relief for Kenyan consumers at the pump.

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