Nairobi, Aug. 17 -- The Treasury is seeking funding to subsidise retail fuel prices in the face of hostilities in the Middle East and the 2027 General Election, in a reversal of government policy.

Treasury Cabinet Secretary John Mbadi said that Kenya is seeking additional funding to lower fuel prices without being specific about whether the State is targeting a loan or a new budget.

Renewed hostilities in the Middle East are expected to continue disrupting supplies and keep prices elevated, says the International Energy Agency (IEA), signalling inflationary pressures and public anger over the high cost of living.

Kenya is seeking to ease pressure on retail prices, prompting the reinstatement of subsidies that the government withdrew in...