Fuel

Israel cuts gasoline prices by 50 agorot after Smotrich approves temporary excise relief

Smotrich's order to lower gas prices will remain in effect until October 31, four days after Israel's 2026 election.

Gas station
 US Vice President JD Vance speaks during a press briefing, the first since Karoline Leavitt stepped down as press secretary, at the White House, in Washington, DC, US, September 3, 2026.

JD Vance: Only US can protect Strait of Hormuz, prevent global energy crisis

A Boeing KC-46 tanker belonging to the Israeli Air Force is seen fueling a fighter jet in the air.

Second Gidon refueling aircraft arrives in Israel to boost IAF’s long-range reach

A general view shows the Novorossiysk Fuel Oil Terminal (NMT) in the Black Sea port of Novorossiisk, Russia May 30, 2018. Picture taken May 30, 2018.

Moscow's fuel stations limit sales amid shortages linked to Ukrainian drone attacks on refineries


Middle Israel: Iran's multilevel blockade of the Straight of Hormuz is destined to fail - opinion

Iran’s blockade of the Strait of Hormuz has three levels: the political, the military, and the economic. The political part is the strongest, and the economic part is the weakest.

INDIAN VESSEL ‘Nanda Devi’ carrying liquefied petroleum gas arrives at Vadinar Port in the Jamnagar district of Gujarat state earlier this week, after Iran allowed it to pass through the Strait of Hormuz, a key energy corridor that Iran has selectively closed.

Matzot, vegetables, and a washing machine: Passover 2026 marks a new era of Israeli consumerism

The pre-Passover shopping season begins, highlighting a key trend: Expensive and complex products, led by electrical appliances, are rapidly moving into food retail chains.

"Consumers are shifting from category-based buying to choosing what’s cheapest, closest, and most convenient."

Iran threatens region's oil facilities if Israel, US target its energy infrastructure - report

Iran's UN Ambassador also said that Tehran would not close the Strait of Hormuz, adding that it was Iran's right to preserve the security of the key shipping route.

People walk as smoke rises in the background after a reported strike on Shahran fuel tanks, in Tehran, Iran, March 8, 2026

Global powers release oil reserves as Iran war threatens Strait of Hormuz supply

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.

The Callisto tanker sits anchored as the traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 10, 2026.

Airline shares battered, airfares surge as Iran war pushes oil above $100

Some jet fuel prices have doubled since the start of the conflict, with a growing risk of widespread aircraft groundings due to a potential drop in travel.

An Emirates Airbus A380 passenger aircraft prepares for landing at Dubai International Airport in Dubai on March 8, 2026.

US surprised by scope of Israel's attacks on Tehran fuel depots, warns strikes could backfire

The US expressed surprise at the scale of Israeli strikes on Iranian oil depots, warning that targeting critical infrastructure could backfire.

People walk as smoke rises in the background after a reported strike on Shahran fuel tanks, in Tehran, Iran, March 8, 2026

Israel’s strikes expose the vulnerability of Iran’s energy lifeline

The images emerging from Tehran this week depict what witnesses are calling a “hellscape” - an inferno stretching across the horizon as Israel reportedly targets fuel sites in Iran.

Smoke rises following an explosion, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 7, 2026.

Just one in four Americans supports US strikes on Iran, Reuters/Ipsos poll finds

A Reuters/Ipsos poll finds just 27% of Americans approve of the US strikes on Iran, with concerns over US casualties and rising oil prices.

An F/A-18F Super Hornet prepares to launch from the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran, February 28, 2026.

Iran's IRGC seizes two vessels in Persian Gulf, official threatens US with 'massacre and hell'

The IRGC Navy’s Public Relations Department alleged that more than one million liters of smuggled fuel were found on the ships.

Islamic Revolutionary Guard Corps (IRGC) Navy's speedboats move during an exercise in Abu Musa Island, in this picture obtained on August 2, 2023

How Iran’s economic collapse is tightening the regime’s options - analysis

Iran’s central bank began distributing a 5,000,000-rial “Iran-cheque” on Sunday, describing it as a step to “facilitate the circulation of cash” and speed up everyday transactions.

IRANIAN BANKNOTES are displayed next to a US dollar bill in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges.