Egypt’s president, Abdel Fattah al-Sisi, has called on Donald Trump to intervene and stop the escalating Iran war, warning that global oil prices could skyrocket beyond $200 per barrel. Speaking at the Egypt Energy Show 2026 in Cairo, Sisi stressed that the United States holds the key to de-escalation in the Gulf region.
Stark Warning on Oil Prices
Sisi highlighted growing fears among analysts that ongoing disruptions particularly supply shortages could push oil prices to unprecedented levels.
“The price of a barrel of oil could reach more than $200, and this is not an exaggeration.”
Such a surge would have severe global consequences, intensifying inflation, straining economies, and destabilizing energy-importing nations, especially in the developing world.
Gulf Escalation and Strategic Risks
The crisis has deepened following Iran’s closure of the Strait of Hormuz a critical oil transit route that previously handled roughly one-fifth of global oil supply. Gulf countries, including Saudi Arabia, the UAE, Qatar, Kuwait, Oman, and Bahrain, have faced drone and missile attacks on energy infrastructure.
Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi warned that these actions pose a direct threat to global energy security, calling on the international community to safeguard key maritime corridors.
Egypt’s Diplomatic Position
Egypt, a long-standing recipient of U.S. military aid and closely tied to Gulf economies, has condemned Iranian attacks while pushing for diplomatic solutions to avoid a broader regional war.
By directly appealing to Trump, Sisi is signaling both urgency and reliance on U.S. leadership to stabilize the region reflecting Cairo’s strategic alignment and concern over economic fallout.
Analysis
Sisi’s statement underscores the high stakes of the Iran conflict, not just for the Middle East but for the global economy. The potential closure or disruption of the Strait of Hormuz represents a worst-case scenario for energy markets, with ripple effects across trade, inflation, and geopolitical stability.
His direct appeal to Trump also reflects a broader regional calculation: despite shifting global power dynamics, the U.S. remains the only actor capable of rapidly influencing the course of the conflict.
At the same time, the warning of $200 oil highlights how energy security has become the central pressure point of the war. If disruptions persist, countries worldwide not just in the Gulf will face severe economic consequences, increasing the urgency for diplomatic intervention.
With information from Reuters.
