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Tunisia Telegraph: Gulf Moves for Energy Security

Tunisia Telegraph: Gulf Moves for Energy Security

France, led by President Emmanuel Macron, is working to enhance oil and diesel supplies and reduce maritime transportation costs in the Gulf amid the energy crisis and rising fuel prices. These efforts include securing additional quantities from Saudi Arabia, the UAE, and Bahrain, as well as negotiating lower maritime insurance premiums to facilitate the passage of ships through the Strait of Hormuz, with calls to form a naval coalition in coordination with Britain to ensure freedom of navigation. Additionally, France is looking into long-term projects to transport oil via pipelines that bypass the Strait of Hormuz, aiming to reduce reliance on a single maritime route and decrease future export risks.

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