Kenya: Global Oil Prices Rise and Fall, but Kenya's Pump Prices Stay High? the Data Says, Mostly Yes

Author: Tess WandiaPublished on: April 30, 2026Country: Kenya
PoliticsBusiness & Economy
Kenya: Global Oil Prices Rise and Fall, but Kenya's Pump Prices Stay High? the Data Says, Mostly Yes

Crude oil prices have trended upward since February 2026, leading to a significant increase in pump prices in Kenya, which triggered public backlash and political pressure. In response to consumer outrage, the government halved the value-added tax on fuel. Officials attributed the rise to global disruptions, including the US-Israel-Iran conflict affecting oil supply routes.

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