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Egypt raises price of gasoline

Egypt raises price of gasoline

Egypt raises price of gasoline

Egypt raised the price of some types of gasoline, the latest hike to beset the cash-strapped Middle East country amid soaring inflation.

The petroleum ministry said in a statement that it was raising the price of regular, midgrade and premium gasoline mixes of gasoline from between 0.75 to 1 Egyptian pound per liter (around 2.3 to 3.3 cents).

The raise will likely push up the prices of other…


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