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The Standard e-Paper
Kenya's Bold Newspaper
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.
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