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ISRAEL ENERGY MINISTRY
Israel cuts fuel tax as US-Iran conflict pushes up gasoline pricesIsrael's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across th...- Charting the global economy: US Job Growth exceeds projectionsUS labour market gains momentum, and Asian economies are holding up despite the conflict in the oil-rich Middle East.
- Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailorsSaudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The sup...
- India’s in-demand economic weapon can turn a global crisis into opportunityIndia is expanding its network of labour agreements with countries around the world to connect Indian workers with job opportunities abroad...
- Turkey, Saudi Arabia, Pakistan to hold first defence pact meeting, source saysTop officials from Turkey, Saudi Arabia, and Pakistan met Monday for a defense accord. This joint defense agreement aims to strengthen coll...
- War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...
- Iran’s foreign trade plunges 35% as US sanctions deepen war’s economic tollIranian leaders are acknowledging mounting economic pain six months into the war with the US, as President Masoud Pezeshkian says foreign t...
- Iran warns of military ship ban in Hormuz under potential deal with OmanIran and Oman are negotiating arrangements to manage commercial shipping through the Strait of Hormuz, excluding military vessels, as Qatar...
- US to broaden secondary sanctions to isolate Iran on 'economic D-Day'The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...
- Iran vows to retaliate after US widens sanctionsIran has vowed to retaliate against expanded US economic sanctions, warning Washington of attacks on vital interests and energy chokepoints...
- Iran vows 'devastating' response as US threatens toughest ever economic hitIran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest fi...
- Six EU countries urge windfall tax on energy firmsSix EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising cost...
- Trump threatens to 'bomb' Oman if they get in way of Hormuz dealUS President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait ...
- Iran, Oman home in on Hormuz Strait deal as ship attacks mountIran and Oman are nearing a deal on managing Strait of Hormuz. This agreement aims to ensure safe passage through the vital waterway. The U...
- Pakistan sees US-Iran deal close as Hormuz standoff drags on, Trump toughens stancePakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicti...
- Status of US-Iran talks uncertain as ship struck in Strait of HormuzUS-Iran war news: Confusion reigns as the United States and Iran send mixed messages about their negotiating status. President Trump insist...
- Trump says Gulf leaders' input weighed heavily in decision to hold off new Iran strikesUS President Trump opted against launching new strikes on Iran after receiving counsel from Gulf allies, advocating for diplomatic solution...
- Trump says new Iran talks set to start on Monday after calling off massive attackUS Iran news: New negotiations between the US and Iran will begin Monday to end the ongoing war. Talks will focus on the Strait of Hormuz a...
- US Iran war: Explosion reported near tanker off Oman coast, crew safe, UKMTO saysAn explosion occurred near a tanker off Oman's coast, with all crew safe. Maritime authorities are investigating this incident and advising...
- White House signals Trump is weighing new strikes on Iran, and other developments in the Middle EastPresident Trump considers new strikes on Iran as tensions escalate in the region. Iran fired drones at Kuwait and struck oil tankers in the...
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