He noted that government subsidies for diesel will continue in part to protect vital sectors, while gasoline, diesel, and butane cylinder prices will be adjusted under a new mechanism designed to balance actual costs with consumer protection.
This increase will affect all types of fuel, including gasoline, diesel, industrial mazut, gas for brick kilns, and butane cylinders.
The decision comes amid rising global oil prices, compounded by conflicts such as the Gaza war and the Russo-Ukrainian war.
Solar prices will increase by 1.75 Egyptian pounds per liter, resulting in a 15% hike in transportation fares.
The prices of gasoline 80, 92, and 95 have increased by one Egyptian pound.
