Egyptians feel Iran war shockwaves as fuel prices jump
Egyptians watched their everyday costs surge on Tuesday after the government raised fuel prices, blaming spiralling global energy markets due to the US-Israeli war on Iran.
Hours after price hikes of up to 30 percent were announced in the middle of the night, a Cairo market bustled with buyers and vendors fretting over vegetable prices and transport fares.
"The cost of everything is going up and up. It's been a week now that prices have already been rising," said Om Mohamed, a mother of six whose daily commute cost went up nearly 30 percent on Tuesday.