Egypt raised domestic fuel prices by up to 30 per cent on Tuesday, blaming “exceptional” global energy pressures caused by the Middle East war, which has disrupted oil supplies and shipping routes. Prices for 80-octane gasoline rose by about 16.9 percent, to 20.75 pounds per litre, while 92-octane gasoline increased by roughly 15.6 per cent to 22.25 pounds. Prices for 95-octane climbed by about 14.3 per cent to 24 pounds, the ministry said. Natural gas used for vehicles saw the largest hike, jumping 30 per cent to 13 pounds per cubic metre. Egypt has raised fuel prices four times over the past two years under an $8 billion loan programme from the International Monetary Fund.

Source: Punch March 10, 2026 11:19 UTC