Netanyahu Proposes Gulf-Mediterranean Energy Corridor as Iran Blocks Hormuz

Israel has insulated itself from global energy shocks due to its Mediterranean gas fields.

These resources supply 70% of its electricity generation and 45% of total energy needs.

All Israel News

Wartime disruptions and rising tariffs reveal hidden vulnerabilities.

Netanyahu proposed rerouting energy pipelines westward across Saudi Arabia.

This vision aligns with the India–Middle East–Europe Economic Corridor.

Anadolu Ajansi

Netanyahu asserted the only long-term solution runs through Israel.

Iran unveiled plans to charge ships tolls and ban vessels linked to the US and Israel.

“Oil rises with the Hormuz crisis as energy companies brace for a rebound in profits (Report) - Despite major oil company profits falling by more than $27 billion in 2025, ongoing tensions in the Strait of Hormuz could push prices to record levels”

Anadolu Ajansi

The IEA warned the war with Iran is the most dangerous energy crisis in history.

The amount of gas halted is more than double the amount cut from Russia to Europe in 2022.

The Philippines declared an energy emergency.

South Korea launched a national energy-saving campaign.

BBC

Vietnam restricted flights due to rising fuel prices.

The Strait of Hormuz carries roughly one-fifth of global oil supply.

“The Closure of the Strait of Hormuz: How the US-Israeli War with Iran Threatens Global Trade”

BBC

Shipping traffic has dropped sharply.

Daily Star

The market has lost about 400 million barrels of oil.