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Hegseth to visit Israel on Wednesday as US strikes Iran after Hormuz tanker attacks

CNN reports US defense secretary will meet Netanyahu and Katz to ease concerns over possible F-35 sale to Turkey, as CENTCOM says it struck Iran over attacks on three commercial vessels in the Strait of Hormuz

Lior Ben Ari, Itamar Eichner | 07.08.26

Africa’s energy influence grows as Gulf instability reshapes global trade routes

Even if tensions around the Strait of Hormuz ease, the crisis highlights a lasting shift: Africa is no longer a marginal player in global energy, but an increasingly central source of oil, gas and strategic trade routes

Sarit Ben Shabat | 06.23.26

US lifts Iran oil sanctions in first major step toward deal

Washington says the 60-day license follows Iran’s commitments on Strait of Hormuz transit and IAEA inspections, as talks continue in Switzerland toward a final deal

Reuters | 06.22.26

תחנת דלק ב קרים חצי האי שכבוש על ידי רוסיה בצל מתקפות אוקראינה נגד תעשיית נפט

‘Oil blockade’ on Crimea: Ukraine chokes Putin’s prized peninsula

Crimea, which Russia annexed in 2014, is subject to widespread Ukrainian drone attacks that are choking off its oil supplies; now, due to the severe shortage, authorities have banned citizens from buying gas at all

ynet, News Agencies | 06.21.26

Iranian Supreme Leader Mojtaba Khamenei, US President Donald Trump

'More powerful than any nuke': Iran exits war with leverage over world's oil lifeline

US intelligence believes Tehran gained leverage by proving it can block the Strait of Hormuz, as Trump defends a deal that leaves nuclear disputes for later and offers Iran early oil sanctions relief

ynet | 06.16.26

Deal with Iran: What happens now to Hormuz, oil prices and Iran’s nuclear program?

The US president says the Strait of Hormuz will reopen after signing of deal with Iran on Friday, but analysts warn hundreds of ships remain backed up, energy flows may take weeks to normalize and Iran’s enriched uranium stockpile remains unresolved

Lital Samet/Calcalist | 06.15.26

Oil prices plunge following announcement of US-Iran agreement

Amid the understandings to end the war between the US and Iran and the expected opening of the Strait of Hormuz, a barrel of Brent crude is trading at $83, US crude (WTI) at $80; Trump: 'Ships of the World, start your engines. Let the oil flow!'

News Agencies | 06.15.26

Libya is making more money than ever; That’s why it can’t move forward

Record oil revenues, a $20B foreign investment deal, a warlord's son skimming $3B dollars off the state, and Western energy companies looking the other way; The boom making everyone celebrate is the boom making Libya impossible to fix

Amine Ayoub | 06.13.26

On Monday, Russia’s Energy Ministry publicly acknowledged the crisis for the first time

Crimea fuel lines grow as Ukraine expands drone war deep into Russian energy heartland

Ukraine’s drone strikes on Russian oil facilities trigger fuel shortages across Russia and occupied Ukraine, with long queues in Crimea and panic buying in Krasnodar; Kremlin admits problems as Zelensky says aim is to bring war 'home to the Russians'

News Agencies, ynet | 06.10.26

Iran-Israel fighting rattles shekel, lifts oil

Dollar jumps to 2.96 shekels and oil rises 3% as renewed conflagration fuels market volatility after rare Bank of Israel forex intervention

Gad Lior | 06.08.26

Azerbaijan’s state oil company, known as SOCAR, has moved into every layer of Israel’s energy business at once

Azerbaijan becomes Israel’s gas safety net

SOCAR’s stakes in Israeli gas, Egyptian LNG supply, and Turkish-linked corridors are giving Egypt and Jordan backup options when Israeli exports are disrupted

Jacob Wirtschafter, The Media Line | 06.05.26

Starting at midnight: gas prices to drop sharply

Price of 95-octane gasoline drops to 7.80 shekels per liter after a stronger shekel and lower global fuel prices, Energy Ministry says

Gad Lior | 05.31.26

Rate cut, war easing — so why is the dollar still sinking?

Dollar falls below 2.86 shekels as traders bet the Bank of Israel will avoid intervention, lowering import costs and likely bringing relief at the pump

Gad Lior | 05.26.26

UAE fast-tracks crude pipeline as Strait of Hormuz disruption hits global oil flows

Hormuz-bypass crude pipeline halfway complete and set for 2027, as Iran’s blockade disrupts shipping; Al Jaber warns oil flows may take at least four months after ceasefire to recover to 80% of prewar levels

Reuters | 05.20.26

Jet fuel fears rise as Hormuz crisis drains accessible global oil inventories

IEA data shows onshore inventories fell sharply while more crude is stuck at sea, making supplies harder to access quickly; if the trend continues, analysts warn oil could climb from about $109 to at least $140 a barrel

Doron Paskin, Calcalist | 05.18.26

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