Record oil tanker costs brew up fresh pressure on fuel prices

Author: Allan OdhiamboPublished on: September 23, 2026Country: Kenya
Business & Economy
Record oil tanker costs brew up fresh pressure on fuel prices

Record-high crude oil tanker freight rates are putting fresh pressure on fuel prices and household energy bills in Kenya. The country relies entirely on seaborne imports for its petroleum products, meaning any increase in tanker freight costs is passed on to consumers. The fallout from the Middle East crisis is exacerbating this situation.

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