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Kenya raises fuel prices as Middle East conflict lifts import costs

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Kenya raised the maximum retail prices of petrol

Kenya hiked petrol prices ​by 6% and diesel prices by ⁠4.5%, with the East African ​nation relying on the Middle ​East region for nearly all of its fuel supplies

A litre of diesel will cost ​$1.76 in the ​capital city of Nairobi, ‌while ⁠kerosene will rise to $1.69 between October 15 and November 14, when new prices ​will be ​announced.

The energy ⁠regulator said the government extended a reduction in value-added tax ​on fuel to 8% from ​16% ⁠until January 14.

Fuel prices affect multiple sectors including transport, agriculture and construction.

–Reuters–

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