145,105 views Jun 30, 2025
Israel's economic crisis may be just beginning in the aftermath of its war with Iran. The country may be facing an impending oil shortage due to significant damage inflicted by Iranian missiles. One of Israel's key oil refineries, owned by Bazan which supplies a major portion of the country's diesel and kerosene, was severely hit by Iran, and is expected to take months to fully repair. Haifa is also Israel's most important port city, as it handled around 75% of its food imports in 2023. With tensions escalating between the US and Iran, there are growing concerns in Israel about the possibility of a fresh war, further threatening its already fragile economy.https://www.youtube.com/watch?v=C-4hLIvyTjs
