The Egyptian government plans to increase the country's fuel imports (diesel, gasoline, and butane) by approximately 10.5% in July, reaching 1.05 million tons, to meet domestic demand, according to a government official who spoke to Asharq News on condition of anonymity. The official attributed the increase in imported petroleum products in July to the significant decline in global fuel prices, coupled with a rise in domestic gasoline demand of at least 10% during the summer months due to increased travel and internal transportation.The average price of diesel fuel on the global market has fallen by 30% to $910 per ton currently, compared to $1,300 during the Iran-US war. It is expected to decline further in the coming period with the resolution of the Strait of Hormuz crisis and the resumption of operations at major oil refineries. Egypt consumes approximately 12 million tons of diesel fuel, 6.7 million tons of gasoline, and 4.3 million tons of butane annually. Any increase in its oil production or refining activity is expected to reduce its petroleum product import bill.