Israel to transfer jet fuel to Germany following Hormuz crisis
Germany asked for help as Israel identified surplus jet fuel and said shipments would depend on the security situation, officials said.
- Energy Minister Eli Cohen and Foreign Minister Gideon Saar announced Tuesday that Israel will supply jet fuel to Germany following a request from the German Energy Ministry, after the Fuel Administration determined a production surplus.
- Germany seeks alternative energy sources following closure of a critical shipping strait, prompting the German Energy Ministry to request assistance; Israel is also exploring natural gas exports to support its partner.
- Shipments remain contingent on the evolving security situation within the region, the Foreign Affairs Ministry noted, with all exports coordinated directly with refineries to manage logistics.
- Germany's chemical industry faces significant pressure, with The Ifo Institute reporting business morale at a three-year low in April due to supply chain disruptions linked to the Iran war, affecting one in three companies.
- Businesses view the current rise in demand as temporary and plan to cut back production in the coming months, though companies expect further price hikes to counter rising chemical costs.
30 Articles
30 Articles
Germany threatens to assume the kerosene. The reason is Iran's blockade of the Strait of Hormus. Unexpected aid could now come from Israel.
Israel to sell jet fuel to Germany aid Hormuz disruptions
Energy and Infrastructure Minister Eli Cohen and Foreign Minister Gideon Saar approved the move. By Gila Isaacson, JFeed Israel has agreed to export jet fuel to Germany after Berlin formally requested assistance due to supply disruptions caused by the ongoing crisis in the Strait of Hormuz. The Israeli Energy Ministry confirmed it has surplus production capacity that allows for the export. Shipments will be coordinated directly with Israeli refi…
The energy crisis also affects the aviation industry in Germany. While the Federal Government does not see a shortage of kerosene, Israel is already offering help. The most important questions and answers.
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