Key insights
- Egyptian President Sisi warned that oil prices could surge to $200/barrel due to the potential for conflict in the Middle East, urging US intervention. While a spike of this magnitude is unlikely, heightened geopolitical risk could negatively impact US equities by exacerbating inflationary pressures and disrupting supply chains, leading to increased economic uncertainty.
Investing.com -- Egypt’s President Abdel Fattah al-Sisi called on U.S. President Donald Trump on Monday to end the Iran war, warning that fears of oil prices exceeding $200 per barrel are realistic.
Speaking at the Egypt Energy Show 2026 energy conference in Cairo, Sisi said nobody but Trump can stop the war in the Gulf region.
The Egyptian president highlighted the impact of supply shortages and price increases, referencing analysts’ concerns that oil could reach more than $200 per barrel. Sisi said this projection is not an exaggeration.
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