According to Bloomberg news, Egypt’s gas shortfall will shake up sleepy markets as the north African country may find itself in the next few months in a scramble for cargoes as demand recovers across the world.
Typically, an exporter of the fuel, Egypt’s gas output has shrunk to the lowest level in years, something the government has linked to a natural decline at its fields.
The country also partially depends on piped supplies from Israel, which are being closely watched as the war with Hamas rages.
Egypt has announced a 15-percent increase in petrol prices, which will come into effect on Friday, as part of a
Egyptian officials convened on Tuesday to discuss the nation’s detention policies, according to human rights lawyers and groups cited
Egypt has been plagued with persistent blackouts this year due to the dual pressures of soaring temperatures increasing the demand
Cairo is now leaning towards permitting IDF troops to remain in a crucial border area historically used by Hamas to
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