The US-Israel war on Iran has sparked a global fuel crisis as thousands of tankers carrying crucial deliveries of oil and liquefied natural gas (LNG) remain stranded on either side of the Strait of Hormuz, currently under a blockade imposed by Iran.On Saturday, Egypt’s government said it is among the “best-performing” countries in tackling the crisis because of the measures it has implemented to save on fuel.Here is what we know about the steps Egypt is taking and whether other countries are doing the same.Why has the Iran war caused an energy crisis?Pressure on oil and gas markets is mounting due to the almost complete halt to shipping through the Strait of Hormuz as well as air strikes on and around key energy facilities in the Gulf as the United States-Israel war on Iran enters its sixth week.One-fifth of the world’s oil and LNG is shipped from producers in the Gulf through the Strait of Hormuz in peacetime. This is the only route from the Gulf to the open ocean.On March 2, two days after the US and Israel began strikes on Iran, Ebrahim Jabari, a senior adviser to the commander in chief of Iran’s Islamic Revolutionary Guard Corps (IRGC), announced that the strait was “closed”. If any vessels tried to pass through, he said, the IRGC and the navy would “set those ships ablaze”. Since then, traffic through …
