Egypt raised fuel prices up to 17% in March 2026 due to Middle East conflicts and global energy instability, part of ongoing IMF-backed economic reforms.

In March 2026, Egypt increased domestic fuel prices by as much as 17%, citing the disruption of oil and gas exports caused by Middle East conflicts. The price of gasoline went up to 16.9%, while diesel went up to 20.50 pounds per liter. After an earlier increase in October, this is the first price increase of the year. The action coincides with ongoing IMF-backed economic reforms, such as expanded social safety nets and reduced subsidies under a $8 billion deal signed in 2024.