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European gas: From bad to much worse
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
Middle East oil vulnerabilities have been exposed
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
How Hormuz chokehold threatens LNG buyers
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels
Letter from the Middle East: Aramco provides big global gas reveal
The Saudi energy leader’s announcement of first production at Jafurah and the launch of operations at the Tanajib Gas Plant marks a turning point not just for the company, but for the world’s energy landscape
Letter from Iran: Testing times for Tehran-Beijing crude dynamics
Growing pressure from the Trump administration continues to threaten a resilient China-Iran oil nexus
EU methane regulation could backfire
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
Letter from Europe: Gas crossroads
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
Gas deal keeps Lebanon’s offshore hopes alive
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
Turkey locks in more Azeri gas
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
Awakening Greece’s gas prospects
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
Smoke rises from a fire following bombing in Tehran
Gas Egypt Iran Israel
Joseph Murphy
18 June 2025
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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

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