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Egypt raises fuel and gas prices amid global energy surge, citing economic protection, as conflict-driven costs strain families and economy.
Rising global energy prices, driven by the Middle East conflict, have triggered sharp fuel and cooking gas hikes in Egypt—15% for gasoline, 22% for cooking gas, and 17% for diesel—despite Egypt not being a combatant.
President Sissi called the increases "inevitable" to protect the economy, as inflation rose to 11.5% and pressure mounts on low-income families.
The Suez Canal and tourism are declining due to shipping reroutes and regional instability, worsening Egypt’s strained budget.
Government measures include public sector fuel cuts and planned salary increases starting July, but experts warn prolonged conflict could deepen economic and political challenges.
Egipto eleva los precios del combustible y el gas en medio de la oleada global de energía, citando la protección económica, ya que los costos impulsados por el conflicto afectan a las familias y la economía.