The Strait of Hormuz: Why the Iran War Hits Your Pocket 🇰🇪
Description (show more)
Every litre of fuel in Kenya transits a 33km-wide waterway in the Middle East: The Strait of Hormuz. Here is the factual breakdown of why this matters for your pocket: • The Chokepoint: The Strait is the only maritime exit for the Persian Gulf. It handles 20% of global oil supply daily. • The Kenya Link: Under the Government-to-Government (G-to-G) deal extended to 2027, Kenya’s fuel supply is tied directly to this route. • The Risk: With no meaningful bypass, any geopolitical tension or closure by Iran triggers immediate global price spikes. • The Result: When the Strait of Hormuz faces tension, the economic ramifications reached Nairobi within hours #Iran #StraitOfHormuz #FuelPrices #KenyanWallStreet
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