February 8, 2025
Egypt raises fuel prices amid spiraling economic crisis

Egypt’s oil ministry has announced a rise in the price of fuel effective Thursday, as the Arab world’s most populous nation struggles with inflation and is sapped dry of dollars.The Egyptian economy was hit hard after Russia’s February 2022 invasion of Ukraine unsettled global investors, leading them to pull billions out of the North African country.The war has sent wheat prices spiralling…
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