EPRA secures steady oil supply for Kenya amid crisis

The Kenyan government is banking on the government-to-government deal with Saudi Arabia for a steady supply of oil to the country, amid tension over the global supply of oil following the closure of the Strait of Hormuz by Iran. According to the Energy and Petroleum Regulatory Authority Director General Daniel Kiptoo, the g2g deal guarantees a supply of oil, unlike relying on a spot model.