Concerns about inflation persisted while global prices decreased during the week ending May 7, 2026. This is according to the Central Bank of Kenya (CBK) weekly report published on Friday, May 9. In the report, CBK said the inflation concerns were driven by sustained underlying price pressures, particularly in services and energy. U.S. labour market
The Minister of Investments, Trade and Industry has made an announcement for the temporary change in the country’s fuel standards due to supply issues as a result of global political instabilities. According to the statement released by the ministry on April 30, 2026, there have been formal requests by players in the oil industry seeking
Recent turbulence in the global oil market has once again highlighted how geopolitical tensions around the Strait of Hormuz directly affect energy pricing. When signs of disruption emerge, markets quickly react by driving up crude oil prices almost immediately. However, these reactions do not reflect the full impact, which unfolds over a longer period. In
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