Financial Wire

Kenya Gasoline Jumps 16% to $1.60/Liter Amid Iran War Impact

-- Kenya on Tuesday raised gasoline to 206.97 shillings ($1.60) per liter, a nearly three-year high, as global oil disruptions tied to the Iran conflict pushed costs higher.

The Energy and Petroleum Regulatory Authority made the announcement, citing higher landed fuel costs and market adjustments.

Gasoline prices climbed 16% to 206.97 shillings, while diesel rose 24% to 206.84 shillings per liter, underscoring sharp increases across key transport fuels, EPRA said.

Kerosene prices remained unchanged at 152.78 shillings per liter, EPRA added.

The prices will be in effect for 30 days from April 15 to May 14, according to EPRA.

To ease the burden, Kenya will draw 6.2 billion shillings from its Petroleum Development Levy Fund and lower the value-added tax on fuel from 16% to 13%, the regulator said.

The EPRA said that the average landed cost of imported fuels rose sharply from February to March 2026, with super petrol up 41.53%, diesel rising 68.72%, and kerosene surging 105.15%.

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