Sunday, July 19, 2026

Egypt warns of global trade disruptions over Middle East tensions

The ministers also stressed the need to de-escalate regional tensions and prioritise diplomacy.

• March 5, 2026
Flag of Egypt
Flag of Egypt

Egypt on Thursday warned that any attempt to obstruct maritime navigation in the Middle East could trigger widespread disruptions in global markets and serious consequences for the international economy.


Foreign Minister Badr Abdelatty made the remarks in a phone call with his Turkish counterpart Hakan Fidan, emphasising the importance of securing strategic maritime straits as vital arteries for global trade and energy supplies.


The ministers also stressed the need to de-escalate regional tensions and prioritise diplomacy.


Mr Abdelatty condemned any attempts to target Türkiye or violate its sovereignty, calling on parties to show restraint to prevent the region from sliding into chaos.


Earlier on Wednesday, the Turkish defence ministry said NATO air and missile defence units intercepted a ballistic projectile allegedly launched from Iran, tracked across Iraqi and Syrian airspace before approaching Turkish territory.


The strike followed joint US-Israeli attacks on Tehran and other Iranian cities on Saturday, which killed Supreme Leader Ali Khamenei, his family members, senior Iranian commanders, and civilians.
Iran has since launched missile and drone attacks across the region targeting Israeli and US assets. 

(Xinhua/NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Tinubu with Radda

Politics

2027: Minister vows to mobilise one million votes for Tinubu, Radda in Katsina

Mr Rabe-Darma vowed to mobilise over one million votes for President Bola Tinubu and Governor Dikko Radda ahead of the 2027 elections.

Heading 5

Mamdani considers arresting Israeli PM Netanyahu if he visits New York

Mr Mamdani said his administration’s legal department is weighing the option of arresting the Israeli leader as determined by the law.

Lagos

LAWMA unveils reforms to end waste backlog in Lagos

He said conventional dumpsites were no longer sustainable because of Lagos’ coastal terrain, limited land availability and growing urban population.

Economy

EU bans destruction of unsold clothing

The policy took effect on Sunday, and the EU also announced it would extend to medium-sized companies starting in 2030.

FRSC

NationWide

FRSC inaugurates special intervention patrol, unveils 12 code-named operations 

The FRSC said the operations aim to reduce road traffic crashes, save lives, and make Nigerian roads safer.

Health

Childhood seizures are medical conditions, not spiritual attacks: Paediatrician

He said seizures result from abnormal electrical activity in the brain and could manifest as jerky or stretching movements.