The decision comes amid rising global oil prices, compounded by conflicts such as the Gaza war and the Russo-Ukrainian war.
From geopolitical tensions to economic dynamics, a multitude of factors has contributed to the escalation of fuel prices globally.
Solar prices will increase by 1.75 Egyptian pounds per liter, resulting in a 15% hike in transportation fares.
The prices of gasoline 80, 92, and 95 have increased by one Egyptian pound.
This decision comes amidst rising global oil prices exacerbated by conflicts such as the Gaza war and preceding the Russo-Ukrainian war.
