CAIRO (Reuters) – Egyptian President Abdel Fattah al-Sisi said on Wednesday that he hopes that the current global crises, which have pushed the price of oil above $115 a barrel, end soon, so that oil prices do not increase further.
Egypt, the Arab world’s most populous country, is a net importer of oil despite having plentiful reserves of natural gas.
(Reporting by Nadine Awadalla; Writing by Lina Najem; Editing by Toby Chopra)