News
How fuel will retail in five Kenyan cities under new EPRA prices
In Nairobi, Super Petrol will retail at a maximum of Sh226.96 per litre, while Automotive Diesel will cost Sh227.76 and Kerosene Sh219.87 per litre.
Strait of Hormuz
Business
IMF warns prolonged oil supply disruption could trigger fresh price shocks
The IMF's October 2026 outlook examines how supply disruptions, geopolitical risks and depleted reserves could shape oil prices, inflation and global growth.
Global Affairs
US rejects Iran proposal to reopen Strait of Hormuz within seven days
"I'm rejecting their deal," the president told reporters at the White House on Saturday.
Global Affairs
Iran offers US seven-day plan to reopen Strait of Hormuz
Iranian Foreign Minister Abbas Araghchi made the proposal while speaking to reporters at the United Nations in New York, saying Tehran had sent the plan to the US through Qatar. He said the reopening of the key waterway would depend on the necessary conditions being met.
Global Affairs
Iran: Strait of Hormuz could reopen within 7 days if US accepts conditions
Data from the US Energy Information Administration (EIA) shows that an average of 20.7 million barrels of crude oil, condensate, and petroleum products passed through the strait each day in 2024. That represented about 20% of global petroleum liquids consumption. In the first half of 2025, flows increased to an average of 20.9 million barrels per day
Global Affairs
Iran: Hormuz won’t reopen unless US meets Tehran’s conditions
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said on Sunday that Tehran had communicated its demands to Washington through intermediaries and would not return to the position that existed before the earlier negotiations.
News
Kenya calls for end to Saudi attacks, warns of threat to global trade
The Government said the attacks violate international humanitarian law and threaten regional stability and security. Kenya also expressed concern over disruptions to maritime trade in the Red Sea and Strait of Hormuz, warning of wider implications for global economic stability and energy security, while calling for respect for international law and relevant United Nations Security Council resolutions
Global Affairs
Iranian cargo vessel struck near Qeshm Island
The attack drew attention back to the strait after threats to shipping in the Red Sea intensified last week.
News_RGK
Trump says Iran war may stretch beyond November midterms
The President made the remarks while travelling to Texas for the Republican Party's first-ever midterm election convention, with control of Congress at stake in the November 3 polls.
Global Affairs
Iran threatens maritime blockade as tensions with US scalate
The latest threats come as the six-month-old conflict enters another period of heightened tension, with previous pauses repeatedly followed by renewed fighting.
Global Affairs
US strikes Iranian launchers over Hormuz mine threat
The strike, confirmed by a US official, is the first known American attack on Iran since late July and comes amid renewed tensions over the strategic waterway, through which a significant share of global oil and liquefied natural gas shipments passed before the war.
Global Affairs
Iran vows to withstand Trump's new financial offensive as US widens sanctions
The response came after US Treasury Secretary Scott Bessent announced a sweeping campaign aimed at cutting Iran's financial links with the rest of the world.
Global Affairs
Trump threatens Iran with unprecedented economic crackdown
In a statement posted on social media on Wednesday evening, President Trump accused the Islamic Republic of Iran of failing to take advantage of opportunities to reach a deal with his administration.
Global Affairs
Iran warns Gulf states against aiding US as UAE cuts trade ties
Iranian armed forces chief of staff Ali Abdollahi, according to the Mehr news agency, said countries in the region risked becoming involved in the conflict if they allowed the US military to use their facilities or provided other forms of support.
Global Affairs
Trump threatens to bomb US ally Oman over Iran deal
The US and Oman have been negotiating separately with Tehran to reopen the Strait of Hormuz, a waterway that is vital to the global economy. It has been largely closed for nearly six months during the US-Iran war.
Global Affairs
Hormuz talks positive, Oman says, as Iran warns deal would not open strait
Both sides suggested on Saturday that discussions were progressing, but a timeline on any deal being finalised remained unclear. Oman's foreign ministry warned against attacks on shipping that could hamper that.
Global Affairs
Trump warns Iran as Strait of Hormuz interim deal talks near
According to reports, the proposed agreement under discussion would establish a 60-day arrangement guaranteeing safe passage through the Strait of Hormuz between Iran and Oman. The temporary framework would not require shipping companies to pay transit tolls and could be extended if both sides agree
Global Affairs
Trump halts planned Iran strikes pending swift deal
In a post on Truth Social on August 1, 2026, the US president wrote that he had decided to "cancel the attack, subject to being able to rapidly make a DEAL" - which would include the immediate opening of the Strait of Hormuz and an end to "Iran's nuclear threat".
Global Affairs
Houthis claim missile strike on Saudi Arabia after Riyadh targets Yemen
The missile strike came hours after Saudi Arabia launched air raids on Houthi-linked sites in the Yemeni port city of Hodeida and on the nearby Kamaran Island. The Houthis had earlier vowed to retaliate against the attacks.
Global Affairs
US launches airstrikes on Iranian targets after US service members killed in Jordan attack
The strikes, announced by the U.S. Central Command (Centcom) on Saturday, were ordered by President Donald Trump following Friday night's attack, which also left one U.S. service member missing and four others injured.
News
Kenya faces fertiliser price shock as gulf conflict hits global supplies
The World Trade Organisation has identified Kenya among 18 economies that face the greatest risk from disruptions affecting nitrogenous fertiliser supplies passing through the Gulf region.
Global Affairs
Trump threatens to target Iran's bridges and power plants if talks fail
The latest warning came after Trump abandoned a proposed 20% charge on all cargo passing through the Strait of Hormuz. However, the United States resumed its blockade of Iranian ports, adding fresh pressure on Tehran.
Global Affairs
UAE condemns Iran's attack on tankers as US launches fresh strikes
The US president said they were hitting Iran "very hard" as strikes were launched for the third consecutive night amid escalating attacks between the two countries.
Global Affairs
US strikes Iran, killing one and injuring four as Tehran retaliates
According to the US Central Command (Centcom), the latest operation began at 17:00 ET (22:00 BST) on Sunday and targeted dozens of Iranian military installations.
Global Affairs
US strikes Iran targets after attack on cargo vessel in Strait of Hormuz
ran responded by announcing the closure of the strategic waterway, claiming strikes on a US military base in Jordan, and warning it would respond with "severity" to any further American action.
Global Affairs
US pounds Iranian coastal targets as tensions escalate in Strait of Hormuz
The latest developments also triggered security concerns across the Gulf. Bahrain reported explosions in its capital, Manama, Kuwait said it intercepted missiles and drones, while Qatar issued a security alert after reporting Iranian attacks.
Global Affairs
UN raises alarm over lasting global impact of Strait of Hormuz tensions
According to the UN Trade and Development agency (UNCTAD), oil shipments are expected to recover over time, but wider economic impacts could persist for considerably longer.
Global Affairs
US and Iran exchange strikes, accuse each other of violating ceasefire
US Central Command (Centcom) said it hit multiple targets across Iran in direct response to "continued aggression" against commercial shipping.
Global Affairs
US strikes Iranian targets after cargo ship attack in Strait of Hormuz
US Central Command (Centcom) said its forces targeted missile and drone storage facilities as well as coastal radar positions on Friday, describing the operation as a direct response to the cargo ship attack.
Global Affairs
US-Iran talks in Switzerland end with 60-day roadmap and regional de-escalation mechanisms
In a joint statement released on Sunday, the mediating parties said the summit had taken place in a "positive and constructive atmosphere" and had produced progress towards future negotiations.