Egypt has announced an upward adjustment in the prices of petroleum products due to what it described as exceptional circumstances in international energy markets, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).
According to the ministry, the price of 95-octane gasoline increased by around 14.3% to EGP 24.00 per litre, while 92-octane gasoline rose by about 15.6% to EGP 22.25 per litre. The price of 80-octane gasoline also increased by roughly 16.9% to EGP 20.75 per litre.
The price of diesel increased by about 17.1% to EGP 20.50 per litre, while the price of compressed natural gas (CNG) for vehicles rose by around 30% to EGP 13 per cubic metre.
Meanwhile, the price of a domestic butane gas (LPG) cylinder (12.5 kg) increased by about 22.2% to EGP 275, while the price of a commercial LPG cylinder (25 kg) rose by roughly 22.2% to EGP 550.
The MoPMR said geopolitical developments in the Middle East and their direct impact on global energy markets have led to a significant increase in the costs of imports and domestic production.
It explained that supply chain disruptions, elevated risk levels, and rising maritime shipping and insurance costs have resulted in a sharp surge in global prices for crude oil and petroleum products, reaching levels the energy markets have not witnessed in years.
Since the direct conflict between Israel and Iran escalated following the launch of “Operation Epic Fury” on February 28, 2026, Brent crude oil prices have experienced significant volatility. Prices surged from around $72 per barrel to a peak of $119.50 on March 9, before retreating to roughly $94 per barrel on March 10 following signs of possible de-escalation.
In response to these challenges, the government said it is continuing efforts to boost domestic production and accelerate exploration and development of Egypt’s oil and gas resources. This is being pursued by incentivising investment partners to expand their activities as part of a broader strategy aimed at reducing the national import bill.
The government said it is closely monitoring market developments and costs to ensure the sustainability of petroleum product and gas supplies for citizens and all sectors of the economy.
According to the statement, the price adjustments represent a responsible response to global challenges, with energy security and stability of the domestic market remaining the top priorities.
The government increased fuel prices twice last year, in April and October, as part of efforts to phase out fuel subsidies under its structural reform programme with the International Monetary Fund (IMF).
In October, authorities said fuel prices would be frozen for at least one year, despite ongoing local, regional, and global developments.
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