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World
Israel will transfer jet fuel shipments to Germany following a request from Berlin, as the Hormuz Strait crisis disrupts supply chains.
Jet fuel shipments will be sent from Israel to Germany under an agreement announced Wednesday by Israel's Energy Ministry, responding to a recent request from Berlin triggered by the crisis in the Strait of Hormuz. The ministry stated in an electronic statement that coordination with refineries is underway, though specific quantities and a timeline were not disclosed. The possibility of assisting Germany with natural gas is also being explored.
The deal was finalized between Energy Minister Eli Cohen and Foreign Minister Gideon Sa’ar, who communicated the offer to his German counterpart during a visit to Berlin, according to the Israeli ministry.
European concerns over a shortage of jet fuel are mounting as the summer travel season approaches. Disruptions to shipments transiting the Strait of Hormuz—stemming from U.S. and Israeli strikes on Iran—have driven up prices and created the worst crisis for the aviation sector since the COVID-19 pandemic.
Germany's Economy Ministry confirmed that Israel is prepared to provide support, but noted that companies are currently negotiating contracts. The ministry added that no immediate shortage exists, though the situation is being closely monitored.
