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Israel insulated from Hormuz energy crisis despite regional conflict escalation

Iran has restricted Strait of Hormuz traffic following Israeli and US military operations initiated February 28, 2026, causing global oil and gas price spikes affecting multiple economies. Israel has remained largely insulated from these energy shocks, suggesting either strategic energy reserves, alternative supply arrangements, or reduced dependence on Hormuz-transited energy. The asymmetric economic impact raises questions about pre-conflict energy preparedness and potential geopolitical leverage.