BUSINESS

EPRA Retains Fuel Prices Despite Iran War

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Person operating a fuel pump. PHOTO/Pexels
Person operating a fuel pump. PHOTO/Pexels
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The Energy and Petroleum Regulatory Authority (EPRA) has retained current fuel prices for the next month, shielding motorists and households from an increase despite rising global oil prices linked to tensions and ongoing conflict involving Iran in the Middle East.

In its latest monthly pricing review issued on Saturday, March 14, the regulator announced that super petrol will continue to retail at Ksh 178.28 per litre, diesel at Ksh 166.54, and kerosene at Ksh 152.78 in Nairobi, with the prices taking effect from midnight.

The decision comes at a time when global oil markets are under pressure following the ongoing war involving Iran in the Middle East, which has pushed up international crude oil prices and raised concerns about possible supply disruptions.

EPRA said the move to retain the current pump prices was made even though the cost of importing petroleum products into the country increased during the latest review period.

“The average landed cost of imported Super Petrol increased by 1.00 per cent from US$576.34 per cubic metre in January 2026 to US$582.11 in February,” the regulator said.

The regulator added that diesel recorded the biggest jump during the period, rising by 8.46 per cent to US$636.45 per cubic metre. Kerosene also increased by 6.79 per cent to US$639.48 per cubic metre.

Kenya relies fully on imported refined petroleum products, meaning local fuel prices are largely influenced by global market trends as well as the exchange rate between the Kenyan shilling and the US dollar.

The latest pricing decision comes amid growing tension in the Middle East, particularly around the Strait of Hormuz, one of the world’s most important oil shipping routes.

Concerns have been raised that the conflict could disrupt oil shipments through the narrow waterway, which handles a significant portion of the world’s crude exports.

The uncertainty has already pushed international benchmark Brent crude oil prices to above $100 per barrel, compared to about $60 per barrel before the escalation of the conflict.

Despite the rise in global oil prices and the higher landed cost of fuel imports, EPRA’s decision to keep pump prices unchanged is expected to offer temporary relief to motorists and households across the country.

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