{"id":141830,"date":"2026-05-22T08:02:51","date_gmt":"2026-05-22T08:02:51","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/ruto-announces-ksh-10-diesel-cut-reveals-billions-spent-on-fuel-stabilisation\/"},"modified":"2026-05-22T08:02:51","modified_gmt":"2026-05-22T08:02:51","slug":"ruto-announces-ksh-10-diesel-cut-reveals-billions-spent-on-fuel-stabilisation","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/ruto-announces-ksh-10-diesel-cut-reveals-billions-spent-on-fuel-stabilisation\/","title":{"rendered":"Ruto announces Ksh 10 diesel cut, reveals billions spent on fuel stabilisation"},"content":{"rendered":"

President William Ruto has directed a further Ksh 10 reduction in the price of diesel for the June\u2013July 2026 pricing cycle, as part of ongoing government interventions to cushion Kenyans from the global fuel crisis.<\/span><\/strong><\/p>\n

Speaking at State House, Mombasa Friday, following a meeting with transport sector stakeholders, the President detailed the government\u2019s extensive fuel price stabilisation efforts over the past two pricing cycles.<\/span><\/p>\n

\u201cThe Government has used the Petroleum Development Fund to stabilise fuel prices,\u201d President Ruto stated. He revealed that in the April\u2013May 2026 cycle, the government utilised Ksh 6.04 billion for fuel stabilisation and forewent Ksh 6.41 billion in VAT revenue. \u201cIn total, the Government spent Ksh 12.45 billion on stabilisation during that cycle,\u201d he said.<\/span><\/p>\n

As a result of these interventions, \u201cSuper Petrol prices were reduced by Ksh 19.67 per litre, Diesel by Ksh 40.25 per litre, and Kerosene by Ksh 115.03 per litre.\u201d He added.<\/span><\/p>\n

In the current May\u2013June 2026 pricing cycle, the President explained that \u201cthe Government utilised another Ksh 7.7 billion for stabilisation and forewent Ksh 8.02 billion in VAT revenue.\u201d He added, \u201cIn total, during the current cycle the Government has spent Ksh 15.72 billion on stabilisation.\u201d<\/span><\/p>\n

Without government action, the President warned, \u201cSuper Petrol would today have retailed at Ksh 230.12 per litre instead of Ksh 214.25; Diesel would have retailed at KSh 277.75 instead of Ksh 232.86; and Kerosene would have retailed at KSh 270.00 instead of Ksh 191.38.\u201d<\/span><\/p>\n

Across both cycles, \u201cthe Government has committed a total of Ksh 28.19 billion in fuel price support through direct stabilisation measures and tax relief interventions.\u201d<\/span><\/p>\n

President Ruto further directed that the cost of diesel be further reduced by Ksh 10 in the June\u2013July cycle to help stabilise pump prices and provide additional relief to consumers.<\/span><\/p>\n

He attributed the crisis to global factors, noting that \u201d\u00a0<\/span>Since the conflict involving Iran escalated on 28th February 2026, the Strait of Hormuz, one of the world\u2019s most important oil supply routes, through which nearly one-fifth of global oil passes every day, has experienced major disruption. This has created one of the largest global oil supply shocks in modern history.\u201d This has led to \u201cglobal fuel prices rising sharply, with prices increasing by 54.4 per cent for Super Petrol, 118.5 per cent for Diesel, and 126.4 percent for Kerosene.\u201d<\/span><\/p>\n

The President assured Kenyans that \u201cthere is no fuel shortage in Kenya,\u201d crediting the Government-to-Government fuel framework introduced in 2023. \u201cThrough the Government-to-Government framework, under which international oil suppliers are contractually obligated to maintain consistent supply, the Government is taking all necessary measures to ensure continued, uninterrupted supply and stability in the market.\u201d<\/span><\/p>\n

The post Ruto announces Ksh 10 diesel cut, reveals billions spent on fuel stabilisation<\/a> appeared first on KBC Digital<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

President William Ruto has directed a further Ksh 10 reduction in the price of diesel for the June\u2013July 2026 pricing cycle, as part of ongoing government interventions to cushion Kenyans from the global fuel crisis. Speaking at State House, Mombasa Friday, following a meeting with transport sector stakeholders, the President detailed the government\u2019s extensive fuel […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-141830","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/141830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=141830"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/141830\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=141830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=141830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=141830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}