Egypt’s Sisi urges Trump to stop Iran war, warns oil could hit $200

Date:

Egypt’s President Abdel Fattah al-Sisi has urged US President Donald Trump to intervene and stop the Iran conflict, saying he is the only one capable of doing so.

Speaking at the Egypt Energy Show Conference on Monday, Sisi warned that the war could trigger major supply shocks and drive oil prices above $200 a barrel, with the worst impacts still to come.

“I tell President Trump: nobody can stop the war in our region in the Gulf but you,” Sisi said at the Egypt Energy Show 2026 conference in Cairo. “Please, Mr. President, please. Please help us stop the ​war. You are capable of doing so,” he added.

Egypt, long a recipient of U.S. military aid and support ​from wealthy Gulf countries, has also condemned Iranian attacks on Gulf Arab states and pushed diplomatic ⁠efforts to avoid a wider regional war.

TWIN SHOCKS OF SHORTAGES, PRICE RISES FEARED

The war will trigger twin shocks of supply ​shortages and price rises, the full extent of which have yet to be felt, Sisi told the conference.

“I fear that ​targeting energy facilities, whether production or refineries, will have very serious repercussions for the global economy and fuel prices,” he said. Market watchers had warned “the price of a barrel of oil could reach more than $200, and this is not an exaggeration,” he added.

Sisi also warned of a ​looming crisis for global food supplies, noting that disruptions to fertilizer exports will have a massive impact on prices.

“Wealthy countries ​might be able to absorb this, but for middle-income and fragile economies, it could have a very, very severe impact on their stability,” ‌he said.

Egypt ⁠and Israel have had diplomatic relations since a 1979 peace treaty that returned the Sinai Peninsula, which Israel had captured in the 1967 war. However, the relationship is often termed a cold peace, and Cairo has long been wary that Palestinians could be forced from Gaza across its border.

Sisi credited Trump with ending the war in Gaza, noting that he had also said only ​the U.S. president could stop ​that conflict before a ⁠ceasefire agreement was signed in the Egyptian resort city of Sharm el-Sheikh in November.

More Explore: Egypt: Easter Tourists Face Restrictions Amid Energy Crisis

Subscribe

spot_img

Popular

Related
Related

Egypt: Food Exports Reach 172,000 Tonnes in One Week, While Imports Rise to 218,000 Tonnes

Egypt exports 172,000 tonnes of food while imports reach 218,000 tonnes, highlighting strong agricultural trade and international market demand.

Saudi Arabia: Stocks End Lower as Tadawul All Share Index Slips 0.71%

Saudi stocks finish lower as Tadawul falls 0.71%, with broader market weakness and cautious investor sentiment weighing on trading.

India: PM Modi’s Support During Nepal Crisis Called “Exceptionally Generous”

Nepal praises PM Modi’s exceptional support as India delivers relief supplies and rescue assistance following devastating floods across Nepal.

South Africa: Pacer Kagiso Rabada Ruled Out of Australia ODIs, Fitness Doubtful for Tests

Kagiso Rabada misses South Africa’s Australia ODIs with a hamstring injury, while his Test return remains uncertain ahead of October.