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Radio Generation Kenya

Inflation

33E CEO: Hormuz Crisis threatens global oil supplies as Kenya braces for higher fuel costs
Exclusives

33E CEO: Hormuz Crisis threatens global oil supplies as Kenya braces for higher fuel costs

The conflict began on February 28, 2026, and has since expanded beyond direct US-Iran hostilities, with Iran-linked Houthi forces in Yemen and other armed groups becoming involved in attacks affecting regional energy infrastructure and shipping routes. The conflict has pushed oil prices above $100 a barrel amid concerns over supplies through the Strait of Hormuz and alternative export routes

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The Chairperson of the African Union Commission, Mahmoud Ali Youssouf speaking at the 51st Ordinary Session of the Permanent Representatives’ Committee (PRC) on January 12, 2026/AU
Global Affairs

AU warns Gulf escalation may worsen fuel prices, inflation across Africa

The Chairperson of the Commission, Mahmoud Ali Youssouf, expressed “deep concern over the renewed escalation in the Gulf region,” pointing to recent attacks attributed to Iran targeting neighbouring states such as the United Arab Emirates.

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