Iran, Israel and Haifa
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Israeli energy company Bazan said its Haifa oil refinery suffered pipeline and transmission line damage during Iran’s overnight missile barrage. Refining core facilities continue to operate at the site,
The air war between Iran and Israel entered its sixth day with the two bitter foes launching new missile strikes at each other on Wednesday local time, despite the US’ call for Iran’s “unconditional surrender” following Iranian Supreme Leader’s vow of “never compromise,
Authorities in the northern Israeli port city of Haifa said an Iranian missile had hit a residential building.
Israeli authorities reported the evacuation of 60 residents in Haifa, 1,300 in Petah Tikva, and 300 in Tel Aviv due to damage to buildings.
War risk premiums to Israel are still below a peak of over 2% in November 2023 that were quoted after a Hamas attack on Israel killed 1,200 people and triggered the Israeli invasion of Gaza. Individual underwriters will price risk and rates differently, but this will add tens of thousands of dollars of extra daily costs for every voyage.
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Beaches in the coastal Israeli city of Haifa were practically empty on Tuesday and some were closed off completely, as the conflict between Israel and Iran intensified into a fifth day.
Environmental activists, who support long-term government plan to close Bazan plant for good and import and store products warn writing is on the wall
A stash of groceries for two weeks, eyes constantly glued to a missile alert app, and frantic dashes to a bunker several times a day — life has turned into a daily survival drill for a researcher from West Bengal, currently living in Haifa, Israel.