Middle East conflict raises fears of higher fuel costs and inflation in Kenya

The escalating conflict in the Middle East is raising fresh concerns about its economic ripple effects around the world, including here in Kenya. With oil prices climbing amid fears of supply disruptions through key shipping routes, analysts warn the country’s heavy reliance on imported petroleum products leaves it exposed to higher fuel costs, inflation and pressure on the shilling. An analysis by research firm Zero Carbon Analytics now warns the shock could ripple through the country’s economy if the crisis persists