Global crude prices rose to Sh12,943 a barrel as fighting between the United States and Iran intensified, according to the Eastleigh Voice. The report says the surge has heightened concern in Kenya that petrol, diesel and kerosene could become more expensive when the Energy and Petroleum Regulatory Authority announces its next monthly pump price review on September 14.

The Energy and Petroleum Regulatory Authority (EPRA) has stated that motorists in Kenya will have to wait 30 to 45 days for the recent decline in global oil prices to be reflected in local pump prices. EPRA Petroleum and Gas Director Edward Kinyua noted that global fuel prices are influenced by geopolitical events, citing the recent Middle East crisis as a factor that increased fuel costs.

Dangote Refinery may increase petrol prices again as Brent crude oil approaches $100 per barrel, according to Legit.ng. The rising global crude price is reportedly driving up replacement costs for the refinery and adding pressure across Nigeria's downstream petroleum market. The potential price hike would come at a time when fuel costs remain a major concern for Nigerian consumers and businesses. Further details on the timing or scale of any adjustment were not provided in the report.

The Kenyan government has announced a Ksh 21.5 billion plan to stabilize fuel prices amid global oil market uncertainties. President William Ruto revealed this intervention on Tuesday while signing the Finance Bill 2026, aiming to prevent sharp increases in pump prices for Kenyans in the upcoming months.

Brent crude has risen above $100 per barrel, a development with mixed implications for Nigeria, according to Legit.ng. The price surge could boost the country's oil revenues, given its status as a major crude exporter. However, it also raises concerns about rising inflation and higher fuel costs for consumers and businesses. The report frames the milestone as both good and bad news for Africa's largest oil-producing economy.

Analysts suggest that there may be relief in fuel prices as Brent crude oil prices have recently dropped significantly to approximately 73 dollars per barrel. This decline in oil prices could potentially lead to lower fuel costs for consumers.