The Times of Israel https://www.timesofisrael.com/topic/oil/ News from Israel, the Middle East and the Jewish World Wed, 10 Jun 2026 01:11:46 +0000 en-US hourly 1 https://static-cdn.toi-media.com/www/uploads/2018/11/toi_icon_512-200x200.png oil | The Times of Israel https://www.timesofisrael.com/topic/oil/ 32 32 Iraq seeking assistance from IMF and World Bank after oil income slashed by Iran war https://www.timesofisrael.com/iraq-seeking-assistance-from-imf-and-world-bank-after-oil-income-slashed-by-iran-war/ Fri, 15 May 2026 07:21:51 +0000 https://www.timesofisrael.com/?p=3824015 Talks commenced during global lenders' meeting in Washington last month, and are expected to be finalized once a new government assumes power in Baghdad, officials say

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]]> Saudi Arabia stoic amid Iran war, but attacks on Red Sea ports could change that https://www.timesofisrael.com/saudi-arabia-stoic-amid-iran-war-but-attacks-on-red-sea-ports-could-change-that/ Thu, 26 Mar 2026 12:56:51 +0000 https://www.timesofisrael.com/?p=3787912 If Iranians carry out threat to hit Bab al-Mandeb Strait, kingdom's remaining shipping route for oil exports, Riyadh would likely retaliate immediately, experts say

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]]> Oil prices plunge after Trump predicts quick end to Middle East war https://www.timesofisrael.com/oil-prices-plunge-after-trump-predicts-quick-end-to-middle-east-war/ Tue, 10 Mar 2026 06:00:55 +0000 https://www.timesofisrael.com/?p=3773704 G7 nations weigh releasing emergency reserves as Washington explores easing Russian oil sanctions to curb global price spike

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]]> Crude oil prices spike above $115 a barrel as Iran conflict disrupts production, shipping https://www.timesofisrael.com/crude-oil-prices-spike-above-115-a-barrel-as-iran-conflict-disrupts-production-shipping/ Mon, 09 Mar 2026 07:58:01 +0000 https://www.timesofisrael.com/?p=3772808 Asian stock markets plunge as several nations cut oil production amid attacks by Iran and threat to export routes, including key Strait of Hormuz

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]]> US pursuing third oil tanker near Venezuela, officials say https://www.timesofisrael.com/us-pursuing-third-oil-tanker-near-venezuela-officials-say/ Sun, 21 Dec 2025 19:46:57 +0000 https://www.timesofisrael.com/?p=3717264 Move follows Trump’s declaration of blockade on sanctioned Venezuelan oil; seizures may affect oil prices, analysts say

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]]> Haifa oil refinery partly reopens after shutdown caused by deadly Iran strike https://www.timesofisrael.com/haifa-oil-refinery-partly-reopens-after-shutdown-caused-by-deadly-iran-strike/ Sun, 29 Jun 2025 20:12:05 +0000 https://www.timesofisrael.com/?p=3587368 The company, Bazan, tells regulator it will likely resume full operations in October; missile impact killed three employees

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]]> Why Israel-Iran tensions might not raise prices at the pump as much as feared https://www.timesofisrael.com/why-israel-iran-tensions-might-not-raise-prices-at-the-pump-as-much-as-feared/ Thu, 19 Jun 2025 09:11:38 +0000 https://www.timesofisrael.com/?p=3578175 In post-COVID recovery, OPEC has millions of barrels of oil available, while International Energy Agency has another million in reserve

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]]> Oil prices surge, stocks fall, as Mideast braces in wake of Israel’s attack on Iran https://www.timesofisrael.com/oil-prices-surge-stocks-fall-as-mideast-braces-in-wake-of-israels-attack-on-iran/ Fri, 13 Jun 2025 09:44:13 +0000 https://www.timesofisrael.com/?p=3571498 Oil spikes 12%, most since January, but lowers slightly after Iran says its main refineries and depots were unaffected; equity futures, bond yields sink

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]]> First new US sanctions under Trump target network delivering Iranian oil to China https://www.timesofisrael.com/first-new-us-sanctions-under-trump-target-network-delivering-iranian-oil-to-china/ Thu, 06 Feb 2025 18:23:27 +0000 https://www.timesofisrael.com/?p=3476904 Measures against alleged front company for Iranian military come after Trump signs order resuming 'maximum pressure' campaign, aimed at 'driving Iran’s oil exports to zero'

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]]> Trump may restrict Iranian oil but China might not play along, analysts say https://www.timesofisrael.com/trump-may-restrict-iranian-oil-but-china-might-not-play-along-analysts-say/ Wed, 06 Nov 2024 21:52:46 +0000 https://www.timesofisrael.com/?p=3413764 US president-elect says he believes in enforcing sanctions and then removing them, expected to ease clamps on Russian energy

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]]> Oil prices fall after Israel avoids energy sites in its strike on Iran https://www.timesofisrael.com/oil-prices-fall-after-israel-avoids-energy-sites-in-its-strike-on-iran/ Mon, 28 Oct 2024 11:26:00 +0000 https://www.timesofisrael.com/?p=3406726 Costs drop as much as 5% in early trade; analysts believe Tehran's downplaying of attack signals wariness about escalation

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]]> Israel aims to boost Red Sea oil deliveries despite environmental risks https://www.timesofisrael.com/israel-aims-to-boost-red-sea-oil-deliveries-despite-environmental-risks/ Thu, 30 May 2024 19:11:55 +0000 https://www.timesofisrael.com/?p=3301411 Government seeks to shore up economy amid wartime constraints; Eilat mayor, environmental regulators opposed, citing coral reef, history of oil spills

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]]> IDF says Gaza photos show half million liters of fuel held by Hamas https://www.timesofisrael.com/idf-says-gaza-photos-show-half-million-liters-of-fuel-held-by-hamas/ Tue, 24 Oct 2023 16:10:30 +0000 https://www.timesofisrael.com/?p=3133627 Through Arabic spokesman, military publishes images of tanks of fuel it says are being withheld from hospitals, tells Gazans they are not a priority for the terror group

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]]> UN says oil safely moved off decaying Red Sea tanker, averting disaster https://www.timesofisrael.com/un-says-oil-safely-moved-off-decaying-red-sea-tanker-averting-disaster/ Fri, 11 Aug 2023 17:13:31 +0000 https://www.timesofisrael.com/?p=3070160 Oil now aboard replacement tank, putting looming fears of catastrophe to bed after years of warring sides blocking international operation

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]]> Saudi oil giant Aramco reports $30b in Q2 profits, down nearly 40% from last year https://www.timesofisrael.com/saudi-oil-giant-aramco-reports-30b-in-q2-profits-down-nearly-40-from-last-year/ Mon, 07 Aug 2023 09:31:32 +0000 https://www.timesofisrael.com/?p=3066689 Company still ranked second-biggest in the world by revenue, behind only Walmart and ahead of Amazon and Apple

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