CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

World / Middle East

Egypt raises fuel prices by up to 30 percent: govt

Published: 10 Mar 2026 - 10:42 am | Last Updated: 10 Mar 2026 - 10:48 am
Peninsula

AFP

Cairo: Egypt raised domestic fuel prices by up to 30 percent on Tuesday, blaming "exceptional" global energy pressures caused by the situation in the Middle East, which has disrupted oil supplies and shipping routes.

The increases, announced by the petroleum ministry, apply to gasoline, diesel and natural gas used in vehicles.

"This comes in light of the exceptional situation resulting from the geopolitical developments in the Middle East region and their direct impacts on the global energy markets," the ministry said in a statement.