US Edition
Published • loading... • Updated
Egypt’s Sisi Says only Trump Can Stop War, Warns Oil Could Top $200
President Sisi warned that attacks on energy infrastructure could raise oil prices above $200 and trigger global food and fertilizer crises, urging U.S. intervention to stop the Iran conflict.
- On Monday, President Abdel Fattah Al-Sisi urged President Donald Trump to stop the war in the Gulf, declaring, "nobody can stop the war in our region in the Gulf but you."
- Al-Sisi warned the conflict could trigger "twin shocks of supply shortages and price rises," with targeting energy facilities posing "very serious repercussions for the global economy."
- Market watchers warned "the price of a barrel of oil could reach more than $200, and this is not an exaggeration," while Al-Sisi noted disruptions to fertilizer exports will have severe impact on fragile economies.
- Secretary-General Jasem Mohamed Albudaiwi condemned Iranian attacks on regional energy infrastructure, calling the closure of the Strait of Hormuz a "blatant violation of international law."
- Egypt has pushed diplomatic efforts to avoid wider regional war, with Al-Sisi crediting Trump for helping end the Gaza conflict after a ceasefire was signed in Sharm in November.
Insights by Ground AI
18 Articles
18 Articles
Cairo fears that an escalation could raise the oil price by more than $200 per barrel Egyptian President Abdel Fattah al-Sisi called on US President Donald Trump to end the war with Iran. According to him, further escalation will have serious consequences for the world. This was reported by RBC-Ukraine with reference to Reuters. Read also: Oil prices rose rapidly after Iran warned about a US ground operation Sisi made such an address at the Egyp…
Coverage Details
Total News Sources18
Leaning Left2Leaning Right3Center0Last UpdatedBias Distribution60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
L 40%
R 60%
Factuality
To view factuality data please Upgrade to Premium
