Energy
Finance Ministry aims to cut record high gas prices by 50 agorot, needs attorney-general's approval
Finance Minister Bezalel Smotrich intends to introduce the additional reduction, which, if approved and completed, is expected to bring the price of a liter of gasoline down to about NIS 7.77.
Bank Hapoalim to finance Stark Power with $85 million
Qatar's UCC in talks for possible entrance into oil, gas areas in Venezuela, executive says
Gas prices in Israel to reach all-time high at NIS 8.27 per liter amid worldwide price hikes
The Iraq-Syria border is becoming the Middle East's most important new energy corridor - analysis
Syria continues to grow as an energy hub for Iraq amid a peaceful border situation.
Israel Electric Corporation develops local 3D‑printing capabilities for critical parts
IEC began developing 3D‑printing capabilities several years ago and now expects to expand into metal component manufacturing.
Saudi Aramco suspends European crude deliveries after East-West pipeline attack - report
The customers typically receive Saudi crude through long-term supply agreements, which provide regular monthly deliveries.
The Iran war is creating a new global energy risk beyond the Strait of Hormuz - analysis
Oil loadings at the Red Sea port of Yanbu were suspended, sources told Reuters, while Saudi Arabia’s East-West Pipeline remained offline after attacks on the kingdom’s energy infrastructure.
Fuel protests reveal the economic risks threatening Syria’s fragile transition - analysis
The protests have affected most of the country. This includes incidents in Aleppo in the north, Dara’a in the south, Deir Ezzor on the Euphrates River, and Hasakah.
On the way to an Israeli AI crisis: Avi Simhon’s unusual warning
National Economic Council head Avi Simhon slammed power grid regulators for blocking data centers, assuring no energy shortages will occur by 2031.
Iran's government to raise fuel price for heavy users
Iran will raise the prices of gasoline for anyone using over 110 liters per month to address the energy crisis caused by its war with the US and Israel.
US clears Strait of Hormuz as 50,000 troops maintain blockade of Iran, CENTCOM chief says
Nearly 1500 vessels carrying roughly 750 million barrels of crude oil have transited the strait in the past months, Cooper said, adding that this was done with the protection of US forces.
US Army to build nuclear microreactors on military bases, $2.2 billion awarded to five companies
So-called microreactors are tiny factory-built nuclear plants that developers say will be easily transported and generate up to 20 megawatts of power each.
New Ethiopian dams reignite Nile dispute as Egypt, Ethiopia vie for regional influence - analysis
New Ethiopian hydropower plans are drawing Somalia, Somaliland, Eritrea and Gulf states deeper into the regional balance.
