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Morgan Stanley Warns Egypt’s Energy Gap May Hit $23B by 2027
Morgan Stanley Bank has identified the worst-case scenario for Egypt's energy deficit during the current fiscal year. It is expected to reach a high level if peace returns to the region and the Strait of Hormuz opens, or if geopolitical tensions persist. This comes amid the possibility that these factors could impact energy supplies and prices, potentially increasing the burden on Egypt's imports and leading to a rise in the sector's deficit.
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