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When Israel and Iran were friends — and built a secret oil pipeline

As Iran’s retaliation to the US-Israel military campaign engulfs Gulf nations, oil prices have spiked. And yet, a lifetime ago, it was oil that brought Israel and Iran together to set up a joint venture in secret. The Six-Day War of June 1967 and the closure of the Suez Canal by Egypt forced Israel to explore other routes to import oil.

The pipeline connects the Red Sea port of Eilat and the Mediterranean port of Ashkelon

The pipeline connects the Red Sea port of Eilat and the Mediterranean port of Ashkelon

Credit: Indianexpress

Key Highlights

  • At the same time, sellers of oil such as Iran, too, needed a different route: the Suez Canal remained shut till 1975.
  • Around 12% of global trade and 30% of global container traffic goes through the canal, which is the shortest sea route between Europe and Asia.
  • The secret pipeline The Suez Canal’s closure led to a joint-venture between Israel and Iran in 1968 that would connect the Red Sea port of Eilat and the Mediterranean port of Ashkelon.
  • However, Iran and Israel shrouded their involvement through entities based in Liechtenstein and Panama, respectively.
  • But the 42-inch-wide and 254-kilometre-long Eilat Ashkelon Pipeline did not evade detection.
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Sources

  1. When Israel and Iran were friends — and built a secret oil pipeline

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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