Story perspectives
Israel's Oil Supply Stable Amid Conflict, Gas Prices Set to Rise
3/23/2026
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Story summary
- Israel currently has no shortages of crude oil or petroleum products, according to energy experts.
- Israel maintains strategic reserves as recommended by the International Energy Agency.
- Gasoline prices are expected to rise by NIS 1 per liter next month.
- The ongoing conflict has slowed oil tanker traffic near Israel.
- Experts call for energy decentralization toward solar power.
