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ISRAEL AT WAR - DAY 651
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oil
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June 29, 2025, 11:12 pm
Haifa oil refinery partly reopens after shutdown caused by deadly Iran strike
The company, Bazan, tells regulator it will likely resume full operations in October; missile impact killed three employees
By
Reuters
and
ToI Staff
June 19, 2025, 12:11 pm
Why Israel-Iran tensions might not raise prices at the pump as much as feared
In post-COVID recovery, OPEC has millions of barrels of oil available, while International Energy Agency has another million in reserve
By
Reuters
and
ToI Staff
June 13, 2025, 12:44 pm
Oil prices surge, stocks fall, as Mideast braces in wake of Israel’s attack on Iran
Oil spikes 12%, most since January, but lowers slightly after Iran says its main refineries and depots were unaffected; equity futures, bond yields sink
By
AFP
February 6, 2025, 8:23 pm
First new US sanctions under Trump target network delivering Iranian oil to China
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’
By
AFP
November 6, 2024, 11:52 pm
Trump may restrict Iranian oil but China might not play along, analysts say
US president-elect says he believes in enforcing sanctions and then removing them, expected to ease clamps on Russian energy
By
Reuters
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
May 30, 2024, 10:11 pm
Israel aims to boost Red Sea oil deliveries despite environmental risks
Government seeks to shore up economy amid wartime constraints; Eilat mayor, environmental regulators opposed, citing coral reef, history of oil spills
By
Reuters
and
ToI Staff
October 24, 2023, 7:10 pm
IDF says Gaza photos show half million liters of fuel held by Hamas
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
By
Gianluca Pacchiani
and
Agencies
August 11, 2023, 8:13 pm
UN says oil safely moved off decaying Red Sea tanker, averting disaster
Oil now aboard replacement tank, putting looming fears of catastrophe to bed after years of warring sides blocking international operation
By
AP
August 7, 2023, 12:31 pm
Saudi oil giant Aramco reports $30b in Q2 profits, down nearly 40% from last year
Company still ranked second-biggest in the world by revenue, behind only Walmart and ahead of Amazon and Apple
By
AP
July 27, 2023, 8:08 am
Green groups gear up for fight as oil pipeline looks to pump up Eilat operations
Secretive state company said to be pressuring ministries, Prime Minister’s Office to more than double quota of crude that can be transferred via Red Sea terminal
By
Sue Surkes
March 5, 2023, 1:18 pm
Climate activists soak Israeli artist’s work in ‘oil’ at German parliament
Dani Karavan’s ‘Grundgesetz 49’ displays constitution’s articles on glass plates; Last Generation group says it targeted piece because use of oil is incompatible with rights
By
AP
December 27, 2022, 9:07 pm
Russia to ban oil exports to countries that have agreed to West’s price cap
Putin announces countermeasure against move to restrict Russian revenue while allowing it to continue sales during invasion of Ukraine
By
AFP
December 6, 2022, 6:50 pm
Israeli energy firm signs joint natural gas exploration deal with Morocco
Israel’s NewMed and Adarco Energy each awarded 37.5% stake in Boujdour Atlantique, with license for 8 years; Morocco to get remaining share
By
ToI Staff
and
Sharon Wrobel
October 19, 2022, 10:25 pm
‘Families are hurting’: Biden says US should boost domestic oil production
President calls on companies to produce more fuel and lower prices, announces new release from US reserves as midterm elections approach
By
AFP
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