The Suez Canal transports Middle East oil to Europe and the West. Egypt also has a major oil pipeline. If both were to be closed by riots or terrorism oil prices globally would inflate. The Sinai is a haven for al-Qaeda-inspired terrorist attacks on the gas pipeline from Egypt to Israel and Jordan. It has been used as the launching point for armed attacks on civilians travelling in Israel’s south and is a launching point for rocket attacks at Israel. Violent clashes are rocking Egypt; heavily-armed terrorists are waging a campaign against the government and allied nations; a sizable minority is suffering on-going attacks. Egypt stands on the brink of a civil war or at the very least sustained civil unrest and sectarian violence. The confrontation between the military and radical Islamists led by the Muslim Brotherhood is not expected to end well. The Brothers (the original modern Islamic terror group and the ideological source of both al-Qaeda and Hamas) are in no mood to negotiate or compromise. See also:-

Pray: against Egypt’s complete collapse and for the Lord to make Himself known to the Egyptians. (Is.19:19-22)

More: http://www.bridgesforpeace.com/dispatch/article/egypt-unraveling/