Ahmed Moussa Warns of Rising Global Energy Prices

Egyptian media presenter Ahmed Moussa has warned that global energy prices face upward pressure as regional tensions and the Russia-Ukraine war cloud the economic outlook.

Moussa said the world was heading into a “grey area” because of events in the region, developments in the Gulf and the continuing war between Russia and Ukraine.

He linked those developments to inflation and changes in oil prices, pointing to rising electricity, fuel and broader energy costs.

His warning highlighted the economic uncertainty surrounding the conflicts and tensions, with their effects extending beyond oil markets to the cost of energy more widely.