}

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Egypt turns to Libya for oil imports as Strait of Hormuz closure halts Kuwaiti supplies

Egypt is set to import at least 1 million barrels per month of Libyan oil due to a halt in Kuwaiti crude supplies caused by the effective closure of the Strait of Hormuz.

Updated 3/30/2026 2:25:00 AM
SUMED pipeline offers key alternative for Gulf oil exports amid Strait of Hormuz disruptions

The SUMED pipeline confirmed its position as a vital alternative route for exporting Gulf crude oil amid disruptions to maritime navigation through the Strait of Hormuz, the Egyptian cabinet cited Asharq Business.

Updated 3/24/2026 5:25:00 AM
Egypt denies reports of halting exports to Gulf states

The Ministry of Investment and Foreign Trade denied reports claiming that the government decided to suspend Egyptian exports to Gulf countries, affirming that export movements are operating normally.

Updated 3/16/2026 6:19:00 AM
Strait of Hormuz closure poses no threat to Egypt's energy supplies: Badawi

Egypt will not be affected by the closure of the Strait of Hormuz, Minister of Petroleum and Mineral Resources Karim Badawi affirmed during the cabinet’s meeting.

Updated 3/4/2026 8:24:00 AM