EPRA fuel prices: Saudi pipeline attack puts Kenya’s September review at risk
Kenyan motorists and businesses face a fresh fuel-price threat after Saudi Arabia shut a key oil pipeline following drone attacks, adding new pressure to an already disrupted global petroleum market just days before Kenya’s next pump-price review. The Saudi East-West pipeline, a crucial alternative route for transporting crude oil without relying on the Strait of […]
Kenyan motorists and businesses face a potential fuel-price increase after Saudi Arabia temporarily shut down a key oil pipeline due to drone attacks, just days before Kenya's next pump-price review. The Saudi East-West pipeline, which carries about four to five million barrels of crude oil daily, was shut as a precaution following attacks in Riyadh and Medina.
Saudi authorities reported injuries and damage resulting from the attacks. The shutdown occurs at a critical time for Kenya, as the Energy and Petroleum Regulatory Authority (EPRA) is set to announce new maximum retail prices on September 15, with the current prices expiring on September 14. EPRA had already cut the price of diesel by Ksh5 a liter in its August review, while maintaining prices for petrol and kerosene.
The latest disruption adds to existing supply concerns and could lead to higher fuel prices if international oil prices remain high during the review period. Kenya's fuel market is already facing pressure from multiple factors, including threats to the Strait of Hormuz, insecurity along the Red Sea shipping route, and the temporary loss of Saudi Arabia's major alternative crude-export corridor.
The upcoming EPRA announcement will provide insight into whether the latest global oil shock has reached Kenyan pump prices.
Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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