Gulf-Europe Oil Pipeline Could Minimize Red Sea Dependency
Cohen said a 700-km pipeline could let Gulf producers bypass the Strait of Hormuz and Red Sea shipping disruptions.
4 Articles
4 Articles
The dependence of the Gulf countries on the transport of oil through the Strait of Ormuz could be significantly reduced by an oil pipeline linking the Gulf to Europe through Israel, Israeli Energy Minister Eli Cohen said, adding that the route would also allow for bypassing the interruptions in maritime transport through the Red Sea.
Gulf-Europe Oil Pipeline Could Minimize Red Sea Dependency
Gulf countries' dependence on oil shipments through the Strait of Hormuz could be significantly reduced by a pipeline linking the Gulf to Europe via Israel, Israel's energy minister said, allowing them also to bypass Red Sea shipping disruptions.Oil prices surged after the U.S.
Israel's Energy Minister Touts Oil Pipeline to Bypass Hormuz - Energy News, Top Headlines, Commentaries, Features & Events
By Steven Scheer Israeli Foreign Minister Eli Cohen attends a conference at the European Parliament in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo JERUSALEM, July 7 (Reuters) – Gulf countries’ dependence on oil shipments through the Strait of Hormuz could be significantly reduced by a pipeline linking the Gulf to Europe via Israel, Israel’s ...
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