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All eyes on State to effect diesel subsidy as global oil prices soar

Fuel pump attender fuel a car at a petrol station in Migori town on December 2, 2020. [Caleb Kingwara, Standard]

Focus is set to shift to the Petroleum and Mining Ministry to intervene and tame the rising cost of fuel in the country using a recently set up price stabilisation mechanism.

This follows the latest developments globally that saw the price of crude oil rise past $50 per barrel.

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