Madbouly: Oil Prices Rise to $85, Egypt Committed to Stability

Egyptian Prime Minister Mostafa Madbouly said oil prices have risen to $85 per barrel amid regional tensions and reaffirmed Egypt's commitment to peace.

• Madbouly stated that oil prices have increased to $85 per barrel because of regional tensions.
• Madbouly said Egypt is committed to maintaining peace, security, and stability.
• Madbouly noted that President Abdel Fattah el-Sisi follows regional developments on a daily basis.
• Madbouly said the government is securing the country's energy needs during the summer.