Egypt Seeks Fuel Supplies as Mideast Crisis Cuts Israel Gas Flow

Egypt is rushing to find alternative fuel supplies to avoid power blackouts after the crisis that’s engulfed the Middle East halted gas flows from Israel.

The government is preparing to issue a tender this month to import up to 1 million tons of fuel oil, with delivery planned for August, according to people with direct knowledge of the matter. That would add to a recent tender for fuel oil and help meet requirements for power generation just as the conflict between Israel and Iran puts gas supply at risk, they said.