Mafuta

Oil prices rose following renewed strikes between the US and Iran that disrupted shipping in the Strait of Hormuz. Analysts warned that full recovery of Gulf oil supplies may take months despite signs of possible de-escalation.

24 Mwezi wa sita, 2026 Imeripotiwa na AI

Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels.

The government has completed four days of oil spill training in Lamu this week as it prepares for commercial oil production expected by December 2026.

11 Mwezi wa sita, 2026 Imeripotiwa na AI

Asian stock markets advanced amid optimism over a potential Middle East peace agreement. Oil prices dropped to two-month lows, easing concerns about inflation. Investor attention also turned to the anticipated SpaceX initial public offering.

Mercuria Energy Group Ltd. will acquire the Dock Sud refinery and about 700 service stations from Raízen SA in a $1.42 billion deal.

2 Mwezi wa sita, 2026 Imeripotiwa na AI

Kurejelewa kwa shughuli za uchimbaji mafuta kumeibua tofauti kati ya viongozi katika Turkana Mashariki na Kusini kuhusu ugawaji wa nafasi za kazi na mapato.