Menu

📰
0

Shops and restaurants in Egypt told to close early as energy crisis deepens

BBC News·@Bbc·2 months ago
#VbfUV9
#shops#restaurants#englishlanguage
Reading 0:00
15s threshold

Shops, restaurants and cafes in Egypt have been told to close early as part of a raft of temporary measures to combat soaring energy prices caused by the Iran war. Retail and dining premises will have to close by 21:00 local time (19:00 GMT) each night for the next month, beginning on Saturday. The "exceptional measures" introduced by the Egyptian government also include dimming street lights and roadside advertising, as well as a return to home working for one day a week in April for many. Egypt has been particularly affected by the Middle East conflict and the effective blockade of the Strait of Hormuz, a key shipping route for oil and liquefied natural gas. Global oil prices have skyrocketed since supply via the waterway came to a near-total halt, with fears there could be a knock-on effect on the price of food, medicine and other goods if left unresolved. Even though Egypt has no involvement in the war, its reliance on imported fuel has made it vulnerable to supply shocks.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More