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	<title>fuel prices &#8211; The Milli Chronicle</title>
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		<title>Energy Shock Forces Cairo Curfew as Iran War Strains Egypt Economy</title>
		<link>https://millichronicle.com/2026/04/64744.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Mon, 06 Apr 2026 06:44:48 +0000</pubDate>
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		<category><![CDATA[fuel prices]]></category>
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		<category><![CDATA[Moustafa Madbouly]]></category>
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					<description><![CDATA[Cairo — Egypt has imposed early closing hours for shops and businesses across Cairo to curb soaring energy costs linked]]></description>
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<p><strong>Cairo</strong> — Egypt has imposed early closing hours for shops and businesses across Cairo to curb soaring energy costs linked to the ongoing Iran war, a move that is already disrupting commerce, nightlife and key sectors of the economy.</p>



<p>Under a month-long order introduced last week, shops must close by 9:00 p.m. on weekdays and 10:00 p.m. on weekends, with a temporary extension to 11:00 p.m. during the Coptic Easter period. Authorities say the meaaures are necessary as rising global fuel prices drive up Egypt’s energy import bill.</p>



<p>Prime Minister Moustafa Madbouly said the country’s monthly energy costs more than doubled between January and March to $2.5 billion, reflecting Egypt’s dependence on imported fuel to meet domestic demand.</p>



<p>The restrictions have sharply altered life in Cairo, a city known for its late-night economy. Streets that typically remain active into the early hours now empty soon after closing time, with police patrols enforcing compliance.Small businesses have been among the hardest hit. </p>



<p>Shopworker Ali Haggag said his clothing store has lost more than half its revenue since the measures took effect, as evening foot traffic  a major source of sales —has been curtailed.Economists warn the impact could be widespread in Egypt’s informal sector, which accounts for roughly two-thirds of employment. </p>



<p>Wael el-Nahas said reduced operating hours translate directly into lower incomes for millions of workers dependent on nightly commerce.The crisis has also affected major industries. Cinema operators report steep losses as late-night screenings  typically the most profitable have been eliminated. </p>



<p>Film producer Gaby Khoury said box office revenues have fallen by more than 60 percent, prompting delays in releases and production schedules.Tourism, a key source of foreign currency, faces similar pressures. </p>



<p>While high-end hotels and Nile-side venues are exempt, popular attractions in central Cairo, including markets and bazaars, must close early, limiting visitor spending.</p>



<p> Industry officials say the reduction of evening activity risks diminishing the city’s appeal to tourists.The curbs come alongside broader austerity measures introduced in recent weeks, including fuel price increases, reduced public lighting, and expanded remote work policies.</p>



<p> Authorities say the steps are needed to manage fiscal pressures as energy prices surge following the escalation of conflict involving Iran.The economic strain has coincided with currency depreciation and rising inflation.</p>



<p> The Egyptian pound has weakened by around 15 percent since the conflict began, while inflation reached 13.6 percent in March.</p>



<p>Despite the disruption, some businesses are adapting by reduction staffing hours or employing informal workarounds to continue operations. Others expressed cautious optimism that consumers will adjust to the new schedule.</p>
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		<title>Fuel shock dims Eid earnings for Pakistan’s gig riders</title>
		<link>https://millichronicle.com/2026/03/63738.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 10:47:50 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
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		<category><![CDATA[cost of living]]></category>
		<category><![CDATA[delivery workers]]></category>
		<category><![CDATA[earnings decline]]></category>
		<category><![CDATA[economic strain]]></category>
		<category><![CDATA[Eid al-Fitr]]></category>
		<category><![CDATA[foodpanda]]></category>
		<category><![CDATA[fuel inflation]]></category>
		<category><![CDATA[fuel prices]]></category>
		<category><![CDATA[gig economy]]></category>
		<category><![CDATA[inflation Pakistan]]></category>
		<category><![CDATA[Iran war impact]]></category>
		<category><![CDATA[Karachi riders]]></category>
		<category><![CDATA[labour conditions]]></category>
		<category><![CDATA[minimum wage Pakistan]]></category>
		<category><![CDATA[oil supply shock]]></category>
		<category><![CDATA[Pakistan economy]]></category>
		<category><![CDATA[petrol crisis]]></category>
		<category><![CDATA[ramadan]]></category>
		<category><![CDATA[ride hailing]]></category>
		<category><![CDATA[South Asia economy]]></category>
		<category><![CDATA[urban workers]]></category>
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					<description><![CDATA[Karachi &#8211; Delivery riders in Karachi say they are working longer hours ahead of Eid al-Fitr but earning less, as]]></description>
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<p><strong>Karachi</strong> &#8211; Delivery riders in Karachi say they are working longer hours ahead of Eid al-Fitr but earning less, as surging fuel prices linked to the U.S.-Israeli war on Iran squeeze incomes during what is typically their busiest season.</p>



<p>A 23-year-old rider, Mohammad Mohsin, said his daily earnings have fallen from around 1,500 rupees ($5.38) to about 1,100 rupees as petrol prices climbed above 320 rupees per litre. “Before it was all mine. Now, a huge sum goes into petrol,” he said.</p>



<p>The spike in fuel prices is hitting low-paid urban workers particularly hard, with many riders struggling to cover basic expenses, let alone seasonal spending associated with Eid. Reuters spoke to more than half a dozen riders across Karachi, all of whom said higher petrol costs had significantly reduced their take-home earnings.</p>



<p>The squeeze comes despite increased demand for deliveries during Ramadan evenings and the Eid period, when food orders typically surge.</p>



<p>Pakistan’s inflation rate, which peaked at 38% in 2023, has eased but remains elevated at around 7%, continuing to push up the cost of food, rent and utilities. Many gig workers earn below the monthly minimum wage of 32,000 rupees ($114.67), with no fixed salaries or employment benefits.</p>



<p>Riders said the combined impact of inflation and fuel costs has eroded their purchasing power, forcing them to prioritise essentials over customary holiday spending.</p>



<p>Companies reliant on gig workers, including foodpanda, say they are adjusting pricing and taking steps to support rider earnings.</p>



<p> However, workers say these measures have not kept pace with rising costs, leaving them to compensate by spending more hours on the road.</p>



<p>Austerity measures, school closures and increased work-from-home practices have also reduced ride-hailing demand, cutting into incomes even as delivery volumes rise.</p>



<p>“We cannot afford clothes or shoes,” said Hizbullah, a 26-year-old delivery rider, reflecting a broader sentiment among workers that a typically festive period has become financially strained.</p>



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