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
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
