Join our Community
Support ToI and remove all ads
Learn more
×

energy prices

Palestinian motorists queue at a gas station while the city is experiencing a severe fuel shortage following the Israel Iran conflict, in Ramallah June 19, 2025. (AP Photo/Nasser Nasser)
July 30, 2026, 10:51 pm
West Bank fuel shortage strands Palestinians at pump with economy running on empty
Cash liquidity crunch and fiscal strains, some stemming from PA’s reliance on Israeli shekel, seen as driving petrol scarcity, leading to long gas lines and illicit ‘black gold’ sales
By Nurit Yohanan
Bank of Israel Governor Amir Yaron speaks at a press conference in Jerusalem, April 7, 2025. (Sharon Wrobel/ The Times of Israel)
July 6, 2026, 8:12 pm
Central bank trims borrowing costs to 2022 low, sees room for further rate cuts
Finance minister and manufacturers criticize Bank of Israel’s 0.25% rate cut to 3.5% as insufficient, say it doesn’t reflect the needs of businesses and households
By Sharon Wrobel
Illustrative: Shoppers evacuate Jerusalem's Mahane Yehuda market and seek shelter as an air raid siren goes off on March 13, 2026. (Chaim Goldberg/FLASH90)
March 17, 2026, 5:28 pm
For Israeli consumers, Iran war will likely fuel price hikes well beyond the pump
Already paying for war directly, Israelis facing prospect of higher costs for food and other goods due to energy crunch, which could spike inflation and cause economic downturn
By Sharon Wrobel
Illustrative: Iranian oil tanker Fortune is anchored at the dock of the El Palito refinery near Puerto Cabello, Venezuela, May 25, 2020. (AP Photo/Ernesto Vargas)
October 28, 2024, 1:26 pm
Oil prices fall after Israel avoids energy sites in its strike on Iran
Costs drop as much as 5% in early trade; analysts believe Tehran’s downplaying of attack signals wariness about escalation
By Agencies and ToI Staff
A view of Tel Aviv on September 8, 2022. (Yossi Aloni/Flash90)
December 1, 2022, 7:27 pm
Outpriced by New York and Singapore, Tel Aviv now only world’s 3rd-most costly city
White city drops two rungs after taking ignominious top spot for first time in 2021, as cost of living crisis around the world skyrockets
By Sharon Wrobel
Local authorities inaugurate the Christmas lighting in the streets of Vigo, Spain, November 19, 2022. (AP/Lalo R. Villar, File)
November 27, 2022, 12:03 am
Sober or bright? Europe faces holidays during energy crunch
Countries grapple with choice of dimming festivals or making a show after two years of COVID
By Colleen Barry
Energean floating production, storage and offloading vessel. Energean's floating rig arrived at the Karish field in June 2022. (Energean / Suez Canal Authority / AFP)
October 26, 2022, 6:10 pm
Gas extraction begins at Karish field, day before Israel-Lebanon deal signing
Offshore field is Israel’s third to come online, with Energean saying production ‘is being steadily ramped up,’ will reach peak in 4-6 months
By Tobias Siegal and Lazar Berman
European Commission chief Ursula von der Leyen speaks at Ben Gurion University of the Negev in Beersheba, June 14, 2022 (European Commission)
June 14, 2022, 12:42 pm
Blasting Russian ‘blackmail,’ EU chief calls for more energy cooperation with Israel
Ursula Von der Leyen hails friendship with Jerusalem, says East Med pipeline an investment in both Europe’s and Israel’s energy security
By Lazar Berman
President of the European Commission Ursula von der Leyen, right, greets Italy's Prime Minister Mario Draghi prior to a meeting at EU headquarters in Brussels, March 7, 2022. (Kenzo Tribouillard, Pool Photo via AP)
June 13, 2022, 8:08 pm
EU chief, Italian PM in Israel, with Russia-sparked energy crisis topping agenda
Ursula Von der Leyen to meet Bennett and Lapid, whose government has sought to improve ties with bloc; both EU chief and Mario Draghi to also meet with PA premier
By AFP and ToI Staff
A Palestinian man hangs decorative lights in preparation for the holy Muslim month of Ramadan, at the streets of Jerusalem's Old City, April 1, 2022. (AP Photo/Mahmoud Illean)
April 2, 2022, 12:47 pm
Ramadan kicks off in Mideast in shadow of soaring food prices amid Ukraine invasion
Ongoing war casts a pall over Muslim holiday as many countries face wheat shortages, leaving millions to wonder where their next meals will come from
By AP
Prime Minister Naftali Bennett (center) addresses a weekly cabinet meeting in Jerusalem on February 6, 2022. (Haim Zach/ GPO)
February 6, 2022, 9:25 pm
PM meets finance minister as he vows to tackle rising living costs
Bennett says competition is best tool for mitigating price hikes; Finance Ministry expected to present plan next week
By Tobias Siegal
'Yellow vest' protests reach Israel with hundreds marching against the rising cost of living in central Tel Aviv on December 14, 2018. (Miriam Alster/Flash90)
December 14, 2018, 8:07 pm
‘Yellow vest’ protests reach Israel as hundreds demonstrate in Tel Aviv
Inspired by French movement, activists blame government for rising cost of living; block a central junction; at least 10 arrested after confrontations with police
By Michael Bachner
Egyptian drivers wait in line to buy fuel at a gasoline station in Cairo, Egypt, Saturday, July 5, 2014. (AP Photo/Amr Nabil)
July 6, 2014, 1:46 am
Egypt PM defends steep rise in energy prices
Ibrahim Mahlab says government fuel subsidies have drained $100 billion from public coffers in a decade
By MARIAM RIZK
Jordan's King Abdullah II (photo credit: CC BY-SA World Economic Forum, Flickr)
November 14, 2012, 1:15 am
Protests across Jordan follow fuel price hike
Demonstrators demand government resignation, but also speak up against the King
By Elhanan Miller and AP
A Palestinian demonstration in Ramallah, July 3, 2012 (photo credit: Issam Rimawi/Flash90)
September 4, 2012, 8:10 pm
Palestinians take to the streets to protest economic woes
West Bank demonstrators call for resignation of Prime Minister Fayyad; Gaza graduates storm Hamas education ministry building
By Elhanan Miller
Load More

Sign in or Join The Times of Israel Community

Sign in or Register

Paying ToI Community members are invited to comment on articles
Please use the following structure: example@domain.com
Or Continue with
By joining you agree to the terms and conditions
Register to continue
Or Continue with
Log in to continue
Sign in or Join The Times of Israel Community
Sign in or Register
Only ToI Community members can comment below articles
Forgot your password? / Send me a login link
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.
Back to top
Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed
image
Register for free
and continue reading
Registering allows you to manage your newsletters and alerts and helps us improve your experience. It takes just a few seconds.
Already registered? Enter your email to sign in.
Please use the following structure: example@domain.com
Or Continue with
By registering you agree to the terms and conditions. Once registered, you’ll receive our Daily Edition email for free.
Register to continue
Or Continue with
Log in to continue
Sign in or Register
I forgot my password / Send me a sign in link
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.