Amidst escalating geopolitical tensions, Israel has temporarily shut down its largest natural gas field, Leviathan. This decision could significantly impact regional natural gas supplies, particularly exacerbating the risk of energy shortages in Egypt during the summer months. Should Israel's natural gas supply remain constrained for an extended period, Egypt may be compelled to purchase liquefied natural gas (LNG), a move that could further strain the global market and has already contributed to a 6.6% surge in European natural gas prices.