Fuel retailers in Kenya are experiencing stock shortages due to the war in the Middle East.
The president of Kenya's independent fuel retailers association told Reuters that hundreds of distributors were out of stock due to the war in Iran.
He specified that approximately 20% of sales outlets were affected after the regulatory authority froze pump prices despite rising global oil costs.
Distributors should start stockpiling petroleum products in anticipation of pump price increases next month, said Martin Chomba, president of the Petroleum Outlets Association of Kenya (POAK).
African countries are among the most exposed to both supply disruptions and rising prices, as the conflict has virtually halted deliveries of about one-fifth of the world's oil and liquefied natural gas transiting through the Strait of Hormuz.
Kenya sources its fuel exclusively from the Middle East, through intergovernmental agreements with Gulf crude oil producers and refiners.
