West Asia War Triggers Energy Crisis, Egypt Warns Oil Could Hit $200 | WION

The ongoing conflict in West Asia is fuelling a deepening global energy crisis, with fears of major supply disruptions pushing oil prices sharply higher. Egyptian President Abdel Fattah al-Sisi has warned that crude prices could surge beyond $200 per barrel if the conflict continues, calling such projections “not an exaggeration.” The crisis has been driven by attacks on energy infrastructure and disruptions to key supply routes such as the Strait of Hormuz, a critical corridor for global oil flows. Analysts say prolonged conflict could trigger severe shortages, inflation spikes and broader economic instability, with oil already climbing sharply amid fears of further escalation. The warning highlights growing global concern as energy markets remain on edge and governments brace for potential long-term disruption.