Egypt raises fuel prices by up to 30% amid Middle East war disruptions

Egypt increased domestic fuel prices by 14-30% Tuesday due to global energy pressures from the Middle East conflict, which disrupted oil supplies and shipping routes. Gasoline prices rose 15-17%, diesel by 17%, and natural gas for vehicles by 30%. The petroleum ministry cited higher maritime costs and supply chain risks pushing prices to multi-year highs. This follows four previous hikes in two years under an IMF loan program, with the October increase expected to be the last. The price surge may impact Nigeria through regional economic ripple effects and potential fuel import cost increases.

SOURCE: https://www.channelstv.com/2026/03/10/egypt-raises-fuel-prices-by-up-to-30/