SZMC’s director-general Prof. Ofer Merin told In Jerusalem that when construction is completed, he will make sure that the Elie Wiesel Plaza and its garden are restored.
A group of around 20 ships, including container ships, bulk carriers, and tankers, was seen moving in the Gulf towards the exit via the Strait of Hormuz, according to ship tracking data.
The waiver, which the Treasury Department issued on March 20, allowed some 140 million barrels of oil to reach global markets and helped relieve pressure on energy supply during the war with Iran.
The IMF warned that the situation at Hormuz could be similar to the one in Bab-al-Mandeb, where shipping lanes haven’t yet recovered ever since the first Houthi attack.
The Financial Times reported that the Gulf states aim to create a new network of pipelines, roads, and railways to stop relying on the Strait of Hormuz.
Mekorot, posted solid underlying performance in 2025, but sweeping regulatory changes by the Water Authority pushed the company to report a significant net loss
Ashdod Port has proven that it is not merely an economic asset or a transportation hub. It is a pillar of national resilience, continuity, and sovereignty
A New York Times report revealed that Asian countries are entering an energy crisis due to the closure of the Strait of Hormuz, while Western nations will feel the economic effects of the war.
IEA member states approved the release of 400 million barrels from strategic oil reserves to mitigate the impact of a potential Iranian blockade of the Strait of Hormuz.
As South Korean and Japanese stocks plummeted due to concerns about supply disruptions in the Strait of Hormuz, Brent crude surged 26% to $116 per barrel on Monday.
The Trump administration is deploying a $20 billion maritime reinsurance program through the DFC to restore Hormuz shipping. Move targets soaring energy prices as Iran war halts Gulf commerce.
While oil and gas prices have surged this week, as ship traffic through the Strait of Hormuz has all but halted, they remain far below the highs seen just after Russia invaded Ukraine.
New Reverse Carrier system will send up to 5,000 cubic meters of desalinated water per hour into the lake by early summer, as officials cite climate pressures and wartime conditions.
A report by State Comptroller Matanyahu Englman revealed that Israel entered the October 7 war without an updated, fully implemented emergency framework for the electricity and energy sectors.