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Israel to Send jet Fuel to Germany after Hormuz Crisis

BERLIN/JERUSALEM, May 6 (Reuters) - Israel will transfer jet fuel to Germany after Berlin requested assistance in recent days following the crisis in ​the Strait of Hormuz, according to a statement posted ‌online by Israel's energy ministry on Wednesday.

The coordination of the cargoes will be carried out with the refineries, said the ministry, which did not ​give details about the amount of jet fuel or a ​timeline.

The ministry added that it would examine ways to ⁠assist Germany with the issue of natural gas as well.

The ​ministry said the move was agreed by Energy Minister Eli ​Cohen and Foreign Minister Gideon Saar, who announced the move to his German counterpart during a visit to Berlin.

Concerns about a jet fuel supply crunch ​due to the war in Iran disrupting Middle East supplies ​have been growing in Europe, particularly as the peak summer travel season nears.

Fuel ‌prices ⁠have surged since the U.S.-Israeli strikes on Iran upended traffic through the key Strait of Hormuz, leading to the air travel industry's worst crisis since the COVID-19 pandemic.

The German economy ministry said ​that Israel has ​indicated its ⁠willingness to provide support through deliveries of jet fuel and natural gas, but details and quantities ​are not available as the companies themselves negotiate ​the contracts.

In ⁠a separate statement, a ministry spokesperson said that Germany does not currently face a physical energy shortage but was in touch with ⁠the ​aviation industry to monitor potential impacts ​and quickly take targeted countermeasures if necessary.

Reporting by Holger Hansen in Berlin and Steven ​Scheer in Jerusalem, writing by Miranda Murray, editing by Thomas Seythal

Source: Reuters


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