The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Reports that major oil producers plan further production cuts were also exerting upward pressure on energy prices. [Istockphoto]
Shares dropped around the world on Monday while oil prices surged more than $3 (Sh360) a barrel amid dire warnings over energy shortages in Europe if Russia cuts off gas supplies.
Germany's DAX fell 1 per cent to 11,998.26 while the CAC 40 in Paris shed 1.2 per cent to 5,690.88.
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