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Kenya turns to Iran for oil despite embargo
The US congress is this month expected to expand sanctions against Iran while the European Union on Monday formally approved an embargo on Iranian oil to be enforced this July. Photo/FILE
Kenya has turned to Iran — a country facing crippling economic sanctions from the West over its reported nuclear weapons ambition — to secure long-term fuel supply contracts.
The country is counting on separate bilateral pacts with Tehran, the third largest global supplier, and its neighbour the United Arab Emirates, another major global supplier, in deals meant to keep the commodity flowing into the economy.