Madbouly Outlines Three Measures to Address Rising Oil Prices

Prime Minister Mostafa Madbouly said during Egypt 2026 Forum that rising oil prices, to $110 per barrel, leave the government with three options: passing the higher costs on to citizens, absorbing them through the state budget, or to maintain the budget’s existing allocations and purchase petroleum products at higher prices within available resources, according to […] The post Madbouly Outlines Three Measures to Address Rising Oil Prices first appeared on Egypt Oil & Gas.