Sunday, May 15, 2022

Russia’s war of aggression in Ukraine cost Egypt $7 billion

Russia’s war of aggression in Ukraine cost Egypt $7 billion - According to Egypt’s Prime Minister Moustafa Madbouly, Russia’s war of aggression launched against Ukraine has sent prices for vital produce soaring, having posed enormous challenges to the Egyptian economy. “In May 2021, the price of a barrel of oil was $67, now it has reached $112, while a ton of wheat cost $270 a year ago, now we pay for the same volumes based on a price of $435 per ton,” Madbouly explained. Prime Minister said that the country’s economy has […] Click here to read: eTurboNews | TravelIndustry News
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