Yossi Abu, the chief executive of Israeli company NewMed Energy, said that the pipes to the Mediterranean were needed for people "to control their own destinies, with their friends."

“You need oil pipelines, railway connectivity throughout the region, onshore, without giving others bottlenecks to choke us,” Abu told FT

Prime Minister Benjamin Netanyahu said on Monday that the only solution to the Strait of Hormuz crisis would be to reroute the pipelines to gain easier access to the Mediterranean.

"Long-term solutions include rerouting energy pipelines westward, across Saudi Arabia to the Red Sea and Mediterranean, bypassing Iran's geographic choke point," Netanyahu explained in an interview with conservative US media outlet Newsmax.

Netanyahu noted that while a military solution might offer short-term stability, a deal that eliminates the strategic importance of the Strait might be the best route in the long term.