In a statement issued after a high-level briefing with key government agencies and private sector players, President Ruto said the unfolding situation in the Gulf region is already exerting pressure on economies worldwide. “The ongoing conflict in the Middle East is having a significant impact on the global economy. This disruption is already being felt across global supply chains and is placing pressure on economies worldwide,” he said. Ruto said the government is closely monitoring international oil prices and putting in place measures to cushion Kenyans from sharp increases while ensuring an adequate supply of petroleum products. Despite concerns that key exports could be affected, particularly tea, Ruto said Kenya’s trade performance remains strong due to market diversification and strengthened export channels.

Source: The Star March 30, 2026 23:05 UTC