Egypt's New Energy Rules: Late Night Closures, Work-from-Home

0:00On March 28th, Egypt's government just dropped some tough new rules to fight skyrocketing energy costs from the Iran war mess. Shops, restaurants, and cafes now got a shut down by 9pm local time. That 7pm, Greenwich Mean Time, every night for the next month starting. This Saturday, there are also dimming street lights and billboards, plus pushing folks back to working from home one day a week this April to save power. This all stems from the blockade on the strait of Hormuz, where shipping's ground to a halt, jacking up global oil prices big time. Egypt imports most of its fuel, so even staying out of the fight, they're feeling the burn hard. Prime Minister Mustafa Mad Bulli says, their petrol bill doubled to $2.5 billion, just from January to March. Hotels and tourist spots get a pass, since tourism's about 1-10th of the economy, though some in Cairo are grabbing generators to keep dining open. Anyway, essential workers in hospitals, schools, and factories skip the home days, and

1:02Egypt's already hiking gas and bus prices while slowing big projects, and slashing fuel for government rides. With some ships sneaking through and deals like Thailand's with Iran, they're hoping this energy crunch eases soon. That's the story for today, Global News Today, driven by AI, I'm Cory with the story.