African Nations Explore Fresh Ways to Ease Pain at the Fuel Pump

Markets Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Paul Burkhardt , Ruth Olurounbi , and Godfrey Marawanyika October 9, 2026 at 2:20 PM UTC Takeaways by Bloomberg AI African governments from Nigeria to Kenya are adding fresh measures to soften a rise in fuel prices caused by the Iran war. The Middle East conflict has been a driving force behind $100 a barrel oil and constricted refining capacity, causing pump prices to surge. At the start of the war, African states took steps ranging from suspending taxes to delaying an upward adjustment in regulated fuel prices.