Kenya Faces Record Fuel Price Surge Amid Global Oil Crisis
Kenya is reeling from an unprecedented surge in fuel prices, with diesel costs climbing by a record 40 Kenyan shillings per liter in the latest price adjustment from regulators. This jump brings diesel to 206 shillings ($1.6) per liter, narrowly outpacing petrol, which also rose significantly by 28 shillings. The price hikes, effective until May 14, come despite a government tax reduction aimed at softening the blow for consumers. The value-added tax on fuel was trimmed from 16% to 13%, but esca