Recent advances in natural language processing (NLP) and Big Data technologies have been crucial for scientists to analyze political unrest and violence, prevent harm, and promote global conflict management. Government agencies and public security organizations have invested heavily in deep learning-based applications to study global conflicts and political violence. However, such applications involving text classification, information extraction, and other NLP-related tasks require extensive human efforts in annotating/labeling texts. While limited labeled data may drastically hurt the models' performance (over-fitting), large demands on annotation tasks may turn real-world applications impracticable. To address this problem, we propose Confli-T5, a prompt-based method that leverages the domain knowledge from existing political science ontology to generate synthetic but realistic labeled text samples in the conflict and mediation domain. Our model allows generating textual data from the ground up and employs our novel Double Random Sampling mechanism to improve the quality (coherency and consistency) of the generated samples. We conduct experiments over six standard datasets relevant to political science studies to show the superiority of Confli-T5. Our codes are publicly available 1.