Egypt’s Sisi says he hopes global crises end soon so oil prices don’t increase further

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)

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