Fuel price hikes coming before September? The rumor mill has kicked into overdrive. The government is planning to hike fuel prices by 25-40% before the end of August, Al Shorouk reports, citing an unnamed source. According to the source, the government has yet to settle on a timeline for the hikes and is looking into implementing the new prices as early as July — in time for the start of the new fiscal year. The exact formula for the increase is still under discussion. Meanwhile, Al Borsa alleges the government is debating pushing the expected 20% hike in fuel prices to 2018.

The House wades in: Separately, House Budget and Planning Committee Yasser Omar said that a July price hike will hit only 92-octane gasoline, according to Al Mal. House Economics Committee chair Amr Ghallab tells Al Shorouk that the government has yet to consult parliament on the hikes. Ghallab also criticized the planned move as being ill-timed and “inconsiderate” of citizens’ financial struggles. The government has laid out a target in the FY2017-18 budget of EGP 110.148 for fuel subsidy spending.