CAIRO — Egypt’s President Abdel Fattah al-Sisi has urged U.S. President Donald Trump to take action to stop the ongoing Iran war, highlighting its impact on oil markets. Speaking at the Egypt Energy Show 2026, Sisi warned that oil prices could exceed $200 per barrel if tensions persist.
Sisi stressed the importance of U.S. intervention, saying, “Nobody can stop the war in our region in the Gulf but you.” He cited analysts’ concerns about oil supply disruptions, noting that global energy security is under severe threat.
The conflict has already affected oil exports and energy infrastructure across the Gulf. Iran’s recent attacks on Gulf Arab states and closure of the Strait of Hormuz have disrupted a major shipping route, which previously handled about one-fifth of the world’s oil supply. These developments have contributed to fears of rising oil prices globally.
Jasem Mohamed Albudaiwi, secretary-general of the Gulf Cooperation Council (GCC), also addressed the conference virtually. He condemned Iran’s actions, calling them a “direct threat to global energy” and emphasizing the need to protect vital maritime corridors. The GCC includes Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain, all of which have faced drone and missile attacks affecting regional oil infrastructure.
Egypt has maintained strong diplomatic relations with the U.S. and Gulf countries. Sisi’s call to Trump reflects concerns about regional stability and the wider economic consequences of the conflict. Experts note that oil market volatility could worsen if military actions escalate further.
Analysts warn that sustained disruptions in Gulf energy exports could push crude oil prices to unprecedented levels. Such a surge would impact global markets, increase fuel costs, and affect energy-dependent industries worldwide.
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The international community has been urged to support diplomatic solutions to the conflict and ensure the safe flow of oil from the Gulf. As tensions continue, energy analysts and governments remain vigilant about potential shocks to the oil market.
