×
The Standard e-Paper
Stay Informed, Even Offline
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
In 1973, the Israel-Arab war in the Middle East led to an oil embargo for the western countries, leading to a spike in oil prices and spiralling inflation.
The oil-producing bloc increased the oil price fourfold. The same happened in 1979 after a revolution in Iran. Today’s war in Ukraine has led to another oil crisis incorporating gas, which is piped to western Europe.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join