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Expert: Why fuel prices have shot up

Martin Chomba, Chairman of the Petroleum Outlets Association of Kenya during an interview on spice. [Screen Grab]

Monday’s hike in fuel prices in the country is directly linked to the ongoing conflict between Iran and Israel, an energy expert now says. 

Martin Chomba, Chairman of the Petroleum Outlets Association of Kenya, explained that Kenya’s fuel is purchased using a weighted average system, meaning we are now paying for last month’s price surge.

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