Close Menu
Global Hub News
    What's Hot

    US Embassy Reopens in Venezuela Months After Maduro Abduction Incident

    March 31, 2026

    Rubio Calls for NATO Review After Spain Blocks US Iran Operation

    March 31, 2026

    Kuwait Intensifies Crackdown on Fitness Clubs and Nutrition Stores

    March 31, 2026
    Facebook X (Twitter) Instagram Threads
    Trending
    • US Embassy Reopens in Venezuela Months After Maduro Abduction Incident
    • Rubio Calls for NATO Review After Spain Blocks US Iran Operation
    • Kuwait Intensifies Crackdown on Fitness Clubs and Nutrition Stores
    • Israeli Forces Kill Two Palestinians in Separate West Bank Incidents
    • Deadly Attack on South Sudan Gold Mine Claims 73 Lives, Vice President Confirms
    • US Embassy Reopens in Venezuela After Seven-Year Closure
    • Sysco to Acquire Restaurant Depot in $29 Billion Deal Expanding Market Reach
    • Two Eagle Squad Officers Killed in Quetta Gun Attack
    Facebook X (Twitter) Instagram
    Global Hub NewsGlobal Hub News
    Subscribe
    Tuesday, March 31
    • Home
    • World
    • Pakistan
    • Politics
    • Sports
    • Technology
    • Health
    • Entertainment
    • Business
    Global Hub News
    Home » Egypt’s Sisi Urges Trump to End Iran War, Warns Oil May Exceed $200

    Egypt’s Sisi Urges Trump to End Iran War, Warns Oil May Exceed $200

    Web DeskBy Web DeskMarch 30, 2026No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Egyptian President Abdel Fattah al-Sisi appealed directly to U.S. President Donald Trump on Monday, emphasizing that only he has the power to stop the ongoing war involving Iran. Speaking at the Egypt Energy Show 2026 in Cairo, Sisi urged Trump to intervene, stressing the urgency of ending the conflict in the Gulf region.

    “I tell President Trump: nobody can stop the war in our region in the Gulf but you,” Sisi said. “Please, Mr. President, please. Please help us stop the war. You are capable of doing so.”

    Egypt, a longstanding recipient of U.S. military aid and support from affluent Gulf nations, has condemned Iranian attacks on Gulf Arab states and actively pursued diplomatic efforts to prevent the conflict from escalating into a broader regional war.

    In his address, Sisi warned of dual shocks to the global economy caused by the war: supply shortages and rising prices, the full impact of which has yet to be realized. He expressed particular concern about attacks targeting energy infrastructure, including production sites and refineries, which could have severe consequences for fuel prices worldwide.

    Market analysts have suggested that oil prices could surge beyond $200 per barrel, a scenario Sisi described as a realistic possibility rather than an exaggeration. Additionally, he highlighted an impending crisis in global food supplies, pointing to disruptions in fertilizer exports that could drastically increase costs.

    “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,” Sisi noted.

    Egypt and Israel have maintained diplomatic relations since the 1979 peace treaty that returned the Sinai Peninsula to Egypt after Israel’s 1967 occupation. Despite this, their relationship is often described as a cold peace, with Cairo remaining cautious about the potential displacement of Palestinians from Gaza into Egyptian territory.

    Sisi credited Trump with helping to end the Gaza conflict, recalling that the former U.S. president had stated only he could halt that war before a ceasefire was reached in November in Sharm el-Sheikh, Egypt.

    The ongoing war involving Iran has disrupted the global economy’s growth trajectory, as noted by the Organisation for Economic Co-operation and Development (OECD).

    In a related development, Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi condemned Iran’s closure of the Strait of Hormuz and attacks on regional energy infrastructure, calling on the international community to safeguard vital maritime routes. Speaking virtually at the same conference, he described Iran’s actions as blatant violations of international law and direct threats to global energy security.

    The GCC, comprising Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain, has endured multiple drone and missile strikes. The closure of the Strait of Hormuz, a critical passage that previously handled about 20% of the world’s oil supply, has further strained global energy markets.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Web Desk

    Leave A Reply Cancel Reply

    Latest Posts

    US Embassy Reopens in Venezuela Months After Maduro Abduction Incident

    March 31, 2026

    Rubio Calls for NATO Review After Spain Blocks US Iran Operation

    March 31, 2026

    Kuwait Intensifies Crackdown on Fitness Clubs and Nutrition Stores

    March 31, 2026

    Israeli Forces Kill Two Palestinians in Separate West Bank Incidents

    March 31, 2026

    Deadly Attack on South Sudan Gold Mine Claims 73 Lives, Vice President Confirms

    March 31, 2026

    US Embassy Reopens in Venezuela After Seven-Year Closure

    March 31, 2026
    Don't Miss
    Politics

    US Embassy Reopens in Venezuela Months After Maduro Abduction Incident

    By Web DeskMarch 31, 20260

    The US has resumed operations at its embassy in Venezuela nearly three months following the controversial abduction of former leader Nicolas Maduro.

    Rubio Calls for NATO Review After Spain Blocks US Iran Operation

    March 31, 2026

    Kuwait Intensifies Crackdown on Fitness Clubs and Nutrition Stores

    March 31, 2026

    Israeli Forces Kill Two Palestinians in Separate West Bank Incidents

    March 31, 2026
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 NewsOra24

    Type above and press Enter to search. Press Esc to cancel.