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ISRAEL AT WAR - DAY 351

oil export

Iran-backed Houthis in Yemen publish a video showing how the group hijacked an Israeli-linked shipping vessel in the Red Sea on November 20, 2023. (Screen capture/X)
December 18, 2023, 12:27 am
Houthi attacks on Israel-linked ships in Red Sea to raise prices of Far East imports
Due to threat, global freight giants have halted Red Sea routes, diverting ships on longer, costlier voyage; shift set to impact Israel’s trade with Asia, as well as global trade
By Sharon Wrobel
Illustrative: a seized oil tanker Niovi off the coast of Bandar Abbas, Iran, May 6, 2023. (Planet Labs PBC via AP)
May 7, 2023, 11:58 am
Satellite images show 2 oil tankers seized by Iran anchored near naval base
Ship flying flags of Marshall Islands and Panama seen at Iranian port Bandar Abbas; meanwhile, another thought to be carrying Iranian crude disappears from anchorage off Singapore
By Jon Gambrell
Crewmen speak aboard the Iranian oil tanker Fortune during its arrival to El Palito refinery near Puerto Cabello, Venezuela, May 25, 2020. (AP Photo/Ernesto Vargas)
December 12, 2021, 9:58 pm
Iran to cut oil output, prioritize defense in 2022-23 budget
Reports say $5 billion will boost ‘defense capacities and strategic research,’ amid sanctions and threats to Tehran’s nuclear program
By AFP
A cargo ship is seen moored at the port of Fujairah in the Gulf Emirate on May 13, 2019. (KARIM SAHIB / AFP)
May 14, 2019, 2:17 am
Initial US investigation blames Iran for ship sabotage attacks
Each of four ships has 5- to 10-foot hole near or just below water line; American military team believes they were caused by explosive charges set by Iranians or their proxies
By Lolita C. Baldor
In this image made from video run by China's CCTV, a rescue ship sprays water to put out a blaze at the Panama-registered tanker "Sanchi" after a collision with a Hong Kong-registered freighter off China's eastern coast, January 8, 2017. (CCTV via AP Video)
January 14, 2018, 12:53 pm
Blazing Iranian oil tanker sinks with no sign of survivors
Iranian rescue team believes explosion and release of gas killed all personnel within first hour after collision with freighter in East China Sea
By AFP
An Eilat Ashkelon Pipeline Company oil terminal in Eilat. (CC BY 2.5/Pikiwikisrael)
August 8, 2016, 6:00 pm
Swiss court orders Israel to pay up for Iranian oil
Deal dates back to days of the shah and before the revolution, when Jerusalem and Tehran worked together to export oil to Europe
By ToI Staff
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