Kenya’s record fuel hike is the trigger consumers needed to inflame muted anger as Middle East crisis bites – analysts
On Tuesday, the country’s energy regulator raised the prices of super petrol and diesel by record margins of Ksh28.69 (about $0.22) per litre and Ksh40.3 per litre, respectively. The effects were immediate. In the public transport sector, operators, commonly known as matatus, raised fares by about 25 percent overnight.
Error of judgment? US President Trump’s scramble for Venezuelan oil coincides with transition shrinking appetite for fossil fuel
Experts caution that a number of realities – including international oil prices and longer-term questions of stability in the country – are likely to make this oil revolution much harder to execute than Trump seems to think.
