Guantanamo.- Egyptian President Abdel-Fattah el-Sisi warned that the closure of the Strait of Hormuz in the Persian Gulf would disrupt global oil flows and drive up prices, which would have global economic repercussions, an official statement announced on Monday.The Presidency stated that El-Sisi affirmed that Cairo is closely monitoring regional developments amid the ongoing war, which erupted on Saturday following a widespread strike by Israel and the United States on Iran, which retaliated.
“In recent months, we have tried to prevent an escalation by mediating between Washington and Tehran,” the president noted during an Armed Forces Iftar, a nightly meal with which Muslims break their daily fast of Ramadan, their holy month.
The head of State underscored, “Our efforts were sincere and well thought-out, as miscalculations can have serious repercussions for the States.”
He warned that the continuation of the conflict could undermine stability in the Middle East beyond the humanitarian dimension.
El-Sisi insisted on the need for de-escalation and an end to the fighting, although he expressed doubts about the prospects for an immediate cessation.
