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ציור קיר ברוח תעשיית הנפט של ונצואלה בבירה קראקס

US and Venezuela strike massive oil deal covering 65 billion barrels

Caracas says agreement covers 17 strategic fields and more than $100 billion in investment, as Trump looks to ease pressure from high fuel prices and the prolonged Iran war

News Agencies | 08.29.26

How much oil passes through the Strait of Hormuz each day? It depends who you ask

The US military estimates more than 7 million barrels a day crossed the Strait of Hormuz in the past three weeks, down from 20 million before the war; other estimates range from 5 million to 10 million

Calcalist | 08.23.26

נשיא רוסיה ולדימיר פוטין ושריפה מתקן נפט

Russia's fuel crisis returns as Ukrainian drones target oil facilities

Russia's fuel crisis enters a second wave as Ukrainian drone strikes hit oil facilities; Gas stations in Moscow impose new limits, while nine people are killed in Russia and Ukraine and 206 prisoners return home in an exchange

ynet, News Agencies | 08.20.26

The Hormuz wake-up call: Why Israel’s security perimeter now extends to the Gulf

Analysis: From targeted tanker strikes to forced transit permits, Iranian piracy in Hormuz is rewriting the rules of regional security—and redefining Israel’s strategic depth

Amine Ayoub | 08.16.26

Vance puts cheap energy ahead of Iran nuclear threat as US tightens pressure

US vice president says keeping oil and gas prices low is Washington’s top goal, followed by preventing an Iranian bomb, as the Trump administration intensifies economic pressure on Tehran

ynet, news agencies | 08.14.26

Venezuela turns over a new leaf with Israel, with energy interests driving the shift

Analysis: Political upheaval and Israeli earthquake aid have opened the door to renewed ties after 17 years, while Venezuela’s vast oil reserves and need for investment offer Israel potential opportunities in energy, technology and trade

Itamar Eichner | 08.12.26

Mediterranean oil spill exposed a large share of marine species to potentially harmful levels of toxic petroleum compounds

University of Haifa study reveals hidden ecological damage from 2021 Mediterranean oil spill

Researchers found the 2021 oil spill caused a far greater threat to marine life than visible damage suggested, with dozens of species exposed to toxic petroleum compounds below the sea surface

Omri Lapidot | 08.07.26

Israel plans national oil-spill response system as report warns damage could reach NIS 122 billion

An interministerial report recommends creating six marine response units at a cost of about NIS 40 million, funded by fees on oil tankers, after finding Israel can currently handle only a fraction of a major spill

Ilana Curiel | 08.03.26

Trump’s Iran war is not breaking America, it is breaking Tehran

Opinion: US economy remains resilient, oil prices pose no systemic threat and Iran’s military, finances and society are nearing exhaustion, leaving Trump to pair attrition with patience until Tehran accepts defeat

Sever Plocker | 07.28.26

Israel gas prices set to spike as oil edges toward $100 a barrel

The price of 95-octane gasoline is projected to rise by 25 to 30 agorot to about 7.75 shekels per liter as Iran war restricts oil traffic through the Strait of Hormuz and the dollar strengthens against the shekel

Gad Lior | 07.23.26

תיעוד: החות'ים תקפו את הספינה Tutor בים האדום

Houthi Red Sea blockade would lift oil prices, but workarounds could blunt impact

Oil prices could climb above $115-$120 should flows be disrupted, consultant says; Saudi crude shipments to Asia could face longer routes; Asian refiners could face delays of around a month for Yanbu cargoes, Kpler analyst says

Reuters | 07.21.26

Oil tops $90 a barrel as Middle East conflict escalates

Brent crude trades just above $90 and WTI near $84 as fears grow of prolonged disruption in the Strait of Hormuz; the dollar remains stable ahead of the weekly opening on the Tel Aviv Stock Exchange

ynet | 07.20.26

Ukraine’s deadly strike: Massive explosions at ‘Russia’s Amazon’ warehouses

Drone waves struck warehouses belonging to e-commerce giant Wildberries, killing eight and wounding dozens; Zelensky says Ukraine targeted an oil site and logistics facilities supplying drone components and navigation equipment

Alex Nirenburg, Reuters | 07.18.26

US ends Iran strikes as Tehran keeps firing; oil prices surge, Gulf base damage revealed

Iran says it targeted bases in Bahrain, Kuwait, Oman and Jordan; satellite images show damage at US facilities in region as Israel remains outside the conflict

Ron Crissy, Lior Ben Ari | 07.13.26

Oil, dollar rise as renewed Middle East fighting rattles Israeli markets

Brent crude climbs above $78, the dollar strengthens past 3.05 shekels and Tel Aviv stocks fall after tanker attacks in the Strait of Hormuz and US strikes on Iranian targets

Gad Lior | 07.08.26