Energy Cabinet Secretary Opiyo Wandayi has attributed the recent increase in fuel prices in Kenya to the ongoing crisis in the Middle East, saying disruptions in the global energy market have significantly raised the cost of importing petroleum products. Click here to join our WhatsApp Channel In a statement on …
Read More »Fuel Shock: Govt Injects Sh5B to Curb Rising Prices
The government will draw about Sh5 billion from the Petroleum Development Levy (PDL) Fund to cushion Kenyans against rising fuel prices in the latest monthly review covering the period May 15, 2026, to June 14, 2026. Energy and Petroleum Cabinet Secretary Opiyo Wandayi said the intervention is aimed at stabilising …
Read More »Closing of Strait of Hormuz Increases US oil Demand – Experts
In a post on the Truth Social media platform on Monday night, President Donald Trump said the Iranian leadership had “forced hundreds of ships” toward oil-rich US states, such as Texas, Louisiana, and Alaska. Although it is not clear what type of ships he was referring to, shipping and trade …
Read More »
The Lower Eastern Times Opening The Third Eye