Smoke rises from a fire following bombing in Tehran
Israel-Iran war imperils Egypt’s energy supply
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
Egypt is scrambling to contain the risk of widespread power outages over the coming weeks, after a suspension in Israeli gas supplies compounded already mounting concerns over a potential energy shortfall amid the summer heatwave. On 13 June, Israel’s government ordered the shutdown until further notice of the offshore Leviathan field, the country’s largest source of gas supply, following missile strikes on Iran that prompted retaliation from Tehran. Energean, operator of the nearby Karish field, also received an order to temporarily suspend operations. “If the Israel-Iran war and its associated disruption to gas production rumbles on for weeks instead of days, Egypt will face a major
Also in this section
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
