3 min
The maximum government-regulated price for a liter of self-service 95-octane unleaded gasoline will increase by 16 agorot to 8.25 shekels
Read time: 3 min.
2 min
Shekel strength and falling global oil prices drive the biggest monthly cut in recent months
Read time: 2 min.
The agency's 32 member states approve a 400 million barrel release to stabilize global energy markets
IEA coordinated action is under consideration as global markets react to supply disruptions in the Gulf, according to a Financial Times report
Iran's Raisi was confirmed dead in helicopter crash, while Saudi king Salman will be treated for lung inflammation
Amid the ongoing war in Gaza and the Israel-Iran rising tensions, the agency also lowered Israel's credit outlook from 'stable' to 'negative'
Banks have also been ordered to prepare for massive withdrawals of money from ATMs
4 min
The sector still accounted for 77% of the nation's exports in December despite the negative effects of the Israel-Hamas war
Read time: 4 min.
Chevron and other partners operating Israel's Tamar gas field seek to increase its output capacity to satisfy domestic market and increase exports to Egypt
6 min
After two decades of spiraling prices, the rise in interest rates has caused the Tel Aviv real estate bubble to deflate
Read time: 6 min.
Cost of food and beverages alone has surged by 71.9 percent compared to August 2022
The shekel also weakened against the euro, losing around 3 percent since the beginning of the month
The top U.S. diplomat says grain prices have increased by more than eight percent around the world since Russia's withdrawal from the Black Sea grain deal
Yemen's Saudi-backed government has been grappling with a weak currency and high prices, despite a lull in fighting with the Iran-aligned Houthi rebels
Oil producers are grappling with falling prices and high market volatility amid fears of global economic slowdown and Russia’s invasion of Ukraine
To strengthen its economy, Manama unveiled a major economic reform plan in 2021
If approved, it would take the total volume of reductions to 4.66 million bpd, which amounts to around 4.5 percent of global demand
Of Israel's 18 major cities, Tel Aviv tops the list with an average apartment price of $1.13 million
'We see vulnerabilities going up again, and this is why countries are encouraged to do more structural reforms, to inch up their growth'
Deteriorating nutrition resulting from high food prices would have long-lasting impacts on child development, the regional report warns
'It's shocking for a company to make (such) a profit... through the sale of fossil fuel – the single largest driver of the climate crisis'
In a country where the minimum monthly salary is around $265, surging prices are accompanied by bitter criticism from the opposition, trade unions, and media
The use of the app was restricted in Jordan on December 16 amid protests over spiraling fuel prices
The month-ahead European gas future contract dropped $78 per megawatt hour on Monday, down 50 percent from a month ago