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How Israel escaped oil shock amid Hormuz crisis
short by / on Tuesday, 31 March, 2026
Israel has largely avoided the global oil price shock triggered by the Strait of Hormuz crisis, thanks to its offshore gas fields and long-term contracts. Domestic production meets most energy needs, reducing reliance on volatile imports. Even as war disrupts supply routes worldwide, Israel's energy security strategy has helped shield its economy from the worst impacts.
read more at Asianet Newsable