Daily Energy Report
Israel-Gaza conflict affects gas supplies to Europe, the power of Saudi spare capacity, Russia’s gas market, Russia diesel exports, EU fossil fuel subsidies, Venezuela bargains with US, and more.
Chart of the Day: The Conflict between Israel and Hamas in Gaza is affecting gas supplies in Egypt, Jordan, and Europe.
The Tamar gas field is a major energy supply source for the Israeli local market, as well as for regional consumers in Jordan and Egypt. Figure (1) above shows gas exports from Tamar to Jordan and Egypt.