Israel-Iran war puts Kenya G-to-G fuel deal to the test

Oil tankers pass through the Strait of Hormuz on December 21, 2018.

Photo credit: Reuters

Kenya’s fuel supply deal with three state-owned Gulf firms faces a critical test in the wake of the war between Israel and Iran, which threatens oil supplies, freight charges, and an increase in fuel prices.

Israel’s decision to start attacking Iran’s energy infrastructure, with strikes on at least two gas processing plants and two fuel depots, has poured more risk into the global energy markets.

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