(NAIROBI, KENYA) – Global Brent crude prices have crossed the $100 (KES 12,941) mark for the first time since July 2026, pointing to higher pump prices in Kenya for the new monthly pricing cycle from 15th October. Market data shows that oil prices rose around 1% on Thursday, extending gainsContinue Reading
(NAIROBI, KENYA) – Kenya and Türkiye have agreed to deepen their partnership with a focus on trade, investment, transport links, security and health. The decision came during talks in Nairobi between Kenya’s Prime Cabinet Secretary and Foreign Affairs Cabinet Secretary, Musalia Mudavadi, and a Turkish parliamentary delegation. The discussions aimedContinue Reading
(NAIROBI, KENYA) – A Kenyan court has ordered the revenue authority to deliver a final ruling within 60 days on a tax dispute involving Geo Chem Middle East, a Dubai based firm contesting a KES 1 billion demand. The Court of Appeal issued the directive after dismissing Geo Chem’s latestContinue Reading
(NEW YORK, USA) – Oil prices rose slightly on Friday, 14 August, after the United States threatened an indefinite naval blockade of Iran. The move revived concerns about crude oil supplies. Brent crude futures gained 1 cent, or 0.1 percent, to 87.08 US dollars per barrel. West Texas Intermediate crudeContinue Reading
(LONDON, UK) – Oil prices rose slightly on Wednesday, 12 August, amid doubts over a peace deal between the United States and Iran and attacks on two vessels. The developments strengthened concerns about supply disruptions in the Middle East, even as US crude oil inventories increased. Brent crude futures roseContinue Reading
(LONDON, UK) – Oil prices rose on Wednesday, 12 August, as doubts grew over a peace agreement between the United States and Iran. Attacks on two vessels added to fears of supply disruption in the Middle East, even as crude oil stocks in the US increased. Brent crude futures gainedContinue Reading
(LONDON, UK) – Global oil prices steadied near a more than one week high on Tuesday as hopes faded for a swift agreement between the United States and Iran to end hostilities and reopen the Strait of Hormuz to full commercial shipping. At current rates, Brent crude at 87.62 dollarsContinue Reading
(WASHINGTON, USA) – The United States government has committed $201 million to launch the Trans-Caspian Entrepreneurship Fund, a vehicle designed to draw private sector investment into infrastructure along a trade corridor running through the South Caucasus and Central Asia. The announcement was made by Secretary of State Marco Rubio inContinue Reading
(LONDON, UK) – Global crude oil prices advanced sharply during early week trading after Tehran formally stated it was not engaged in diplomatic talks with Washington and presented a set of conditions for the resumption of safe passage through the Strait of Hormuz. Brent crude, the international benchmark, moved upContinue Reading
(WASHINGTON, DC) – The United States has imposed new sanctions on companies and individuals accused of supporting the operations of Iranian airline Mahan Air, expanding efforts to disrupt networks linked to Iran’s Islamic Revolutionary Guard Corps (IRGC). The US Department of the Treasury said six entities and individuals based inContinue Reading
