President William Ruto has announced government measures to protect Kenyans from the impact of the Middle East conflict on fuel supplies. He highlighted a government-to-government fuel procurement deal cushioning price shocks and sufficient fertiliser stocks through September. He also pointed to growth in the tea sector and port activities.
President William Ruto held a comprehensive meeting on Monday, March 30, with the Ministries of Energy, Agriculture, Trade, the National Treasury, the Central Bank of Kenya, and private sector representatives to assess the impact of the ongoing Iran-Israel/US war, now in its 29th day, disrupting oil supplies at the Strait of Hormuz, which handles 21 per cent of global oil.
On fuel, Ruto stated that the government-to-government procurement arrangement has protected Kenyans from sudden price shocks. "The Government-to-Government fuel procurement arrangement has cushioned Kenyans from immediate shocks. This strategic intervention has mitigated price increases, ensured security of supply, and proven to be both prudent and forward-looking," the President said. The Ministry of Energy and National Treasury will roll out further measures if international prices continue to rise.
For food security, fertiliser supplies are adequate through September to cover the current rainy season. "On fertiliser, I wish to assure the nation that no disruptions are expected. We have sufficient supplies to support the current rainy season through to September this year," Ruto reassured.
Kenya's tea sector has recorded 6 per cent growth despite initial concerns, while ports of Mombasa and Lamu show increased cargo, with Lamu handling over 4,000 high-value motor vehicles for Gulf markets. Meat exports, however, face logistical challenges, prompting the Ministries of Trade and Agriculture to explore alternatives. The government will continue monitoring the situation closely.
