Escalation of the military conflict between Israel and Hamas could put investment in the Tamar and Leviathan field at risk, disrupting not only Israeli pipeline gas deliveries to Egypt and Jordan but also LNG shipments to Europe. Israel suspended production at Tamar due to rocket fire at the city of Ashdod and analysts fear a regional conflict could derail $4 billion in Capex for upstream projects over the next three years; our Markets Editor Anja Karl has more.
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