Kenya fuel prices rise sharply despite reduction in tax due to Iran war

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You’d think a tax cut would lower prices. Think again. 📈

According to Reuters, Kenya just slashed a key fuel tax. But diesel prices still hit a record high.

Global tensions from the Iran conflict are pushing costs up. So the tax relief got wiped out completely.

What’s the point of government intervention if this happens? 🤔

#KenyaEconomy #FuelPrices
📸 (Image: AI Illustration)

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