Egypt will settle $1.3 billion in arrears to international ​oil companies ⁠by June, the petroleum ministry said on Saturday, ‌accelerating its previous timetable for repayments. Egypt had accumulated about $6.1 billion in ​arrears to foreign oil companies by June 30, 2024 due to ​a prolonged foreign currency ​shortage that delayed payments and weighed on investment and gas output.  [...]