Egypt raises domestic fuel prices by up to 17% amid global energy turmoil
Published on March 10, 2026.
Egypt has increased its domestic fuel prices by up to 17% amid global energy turmoil, including the disruption of Middle East output from the U.S.-Israeli war on Iran. The increase is the first this year and follows a hike of nearly 10.5% to 12.9% in October. The decision comes after Egyptian Prime Minister Mostafa Madbouly warned of potential measures if global fuel prices rise significantly due to the war. Diesel prices have also been increased by 3 Egyptian pounds to 20.50 Egyptian pounds ($0.3887) from 17.50 pounds.
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