Davies Chirchir, the Energy Cabinet Secretary (CS), has told the National Dialogue Committee (NDC) that Kenyans should brace themselves for more pain at the pump as the Israel-Hamas conflict could push prices up to Ksh300 per litre.
Speaking at the NDC, the CS stated that the ongoing conflict in Israel will have an impact on global crude prices, causing pump prices to rise even further.
This is likely to hit manufacturers hard, as well as Kenyans who are already feeling the pinch from rising commodity prices.
“I read an article in the Financial time the other day that because of the Hamas and Israeli War, the international prices could go up to USD150 and that would literally mean our products going to a high of Ksh300 at the pump,” CS Chirchir told NDC.
The CS was responding to questions about what the ministry is doing to help Kenyans cope with the rising cost of living.
Petrol is currently selling for Ksh217 per litre, the highest price in history.