Nairobi, April 14 -- Pump prices will jump by a record Sh40 from midnight, driven by rising global fuel costs and a surge in shipping charges in the wake of the US-Israel war on Iran.

A litre of diesel will rise by the steepest margin of Sh40.30 to retail at Sh206.84 in Nairobi, effective midnight, while petrol will cost Sh206.97, reflecting an increase of Sh28.69.

A subsidy of Sh99.16 per litre of kerosene will keep its price unchanged at Sh152.78.

The increase, which comes despite subsidies of Sh20.30 and Sh4.92 per litre of diesel and petrol respectively, reflects the impact of the Middle East conflict, which has triggered an increase in product prices and shipping costs due to the blockade of the Strait of Hormuz.

"Effectivel...