Israel News


Oil Price Soars as US-Israel War with Iran Raises Supply Fears

Mar 03, 2026

Brent rose more than $3 on Tuesday for a third day of gains as the widening U.S.-Israeli conflict with Iran and threats to shipping via the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region.Brent crude futures LCOc1 were at $80…

Chevron Nears Investment Decision to Expand Leviathan Gas Field

Nov 05, 2025

Chevron is nearing a final investment decision for a capacity expansion of the Leviathan gas field off Israel's Mediterranean coast, but is still waiting for an Israeli permit to export the gas to Egypt as part of a $35 billion deal, it said on Wednesday…

Leviathan Natural Gas Field Signs $35b Supply Deal With Egypt

Aug 07, 2025

Israel's Leviathan natural gas field has signed the largest export agreement in the country's history, worth up to $35 billion to supply gas to Egypt, NewMed, one of the partners in the field, said on Thursday.The deal should ease an energy crisis in Egypt…

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Jun 13, 2025

Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel's military strikes…

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