Israel’s Economy on Brink of Structural Collapse

By Vanessa Beeley

Food and fuel crisis in the occupied territories

🔹 Following Iran’s massive missile attack on the occupied territories, the Israeli economy has faced an unprecedented crisis, from the closure of refineries and ports to the paralysis of airports and infrastructure.

🔹 Experts believe that continuing this trend will push the Israeli economy into a stage of structural collapse.

🔹 The Haifa Refinery, Israel’s largest oil refinery with a capacity of 200,000 barrels, was among the targets and has been taken out of production.

🔹 The destruction of three oil terminals in the ports of Haifa, Ashkelon, and Eilat, along with the shutdown of two major refineries, has effectively disabled Israel’s energy backbone.

🔹 Port activity has reached zero, airports have been closed, and all export and import logistics systems are in lockdown. In this situation, even food and fuel imports are facing a crisis.

[…]

Via https://t.me/VanessaBeeley

2 thoughts on “Israel’s Economy on Brink of Structural Collapse

  1. I suspect you’re right. There is one inaccuracy in Beeley’s article, though. As I understand, Israel is not accessing food and other essentials through their ports. For the last year or so, the Saudis have been organizing an overland supply chain via Jordan to supply Israel with food.

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