Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Local sources: The Israeli force, which crossed into southern rural Damascus, has reached the town of Qatana, located just 10 kilometers from the Syrian capital
Local sources: An Israeli ground unit, comprising more than 15 military and armored vehicles, carried out an incursion into southern rural Damascus from the occupied Syrian Golan
Belgian court orders regional government to stop military exports to Israel, Belga reports
Latin Patriarchate in occupied al-Quds: The Holy Family Church in Gaza was subjected to Israeli shelling, resulting in injuries, including Father Gabriele Romanelli
Al Mayadeen’s correspondent in France: Georges Abdallah’s lawyer has officially informed him of the court’s decision granting his release
Al Mayadeen's correspondent in South Lebanon: One was martyred in a raid that targeted the town of Kfour, Nabatieh District
Al Mayadeen's correspondent in South Lebanon: One was martyred in an Israeli drone strike that targeted a truck in the town of Naqoura
Defense Attorney: Lebanese activist George Ibrahim Abdallah will be released on July 25
Georges Abdallah's defense attorney: The decision to release Lebanese activist Georges Ibrahim Abdallah will be issued in a few minutes
The French judiciary decided to release Lebanese activist Georges Ibrahim Abdallah after 41 years of detention

'Israel' suffered $3bln in losses from Iran’s attack on refinery

  • By Al Mayadeen English
  • Source: Israeli media
  • 6 Jul 2025 21:32
  • 3 Shares
3 Min Read

Besides the financial toll, Iran’s strike on the Haifa refinery disrupted fuel supply in Israeli-occupied cities and intensified public unrest amid ongoing war fallout.

Listen
  • x
  • 'Israel' suffered $3 billion in losses from Iran’s attack on refinery
    Firemen and rescue workers survey the site where a missile launched from Iran struck in Haifa, occupied Palestine, on June 22, 2025 (AP)

Initial estimates by insurance firms and economic experts suggest that losses inflicted on "Israel" from Iran's strike last month on its largest oil refinery could reach $3 billion, according to a Sunday report by the Fars news agency.

The Iranian attack, which targeted the refinery in the occupied city of Haifa on June 17, caused between $1.5 billion and $2 billion in damage to its physical infrastructure.

The refinery, with a pre-attack processing capacity of 197,000 barrels per day, is expected to remain offline until at least October. This shutdown is projected to cost "Israel" approximately $450 million in lost monthly revenues.

The closure has led to a notable increase in fuel prices across Israeli-controlled territories. Additionally, the surge in transportation and manufacturing costs has intensified economic pressures, while power outages have become more frequent, further fueling public dissatisfaction.

'Israel' faces import pressure as Isdud refinery undergoes repairs

Related News

Israeli drone strikes kill 2, injure others in South Lebanon

Al-Sharaa declares protection of Druze a national priority for Syria

The Israeli authorities are now forced to increase their imports of oil products to meet domestic demand, particularly as their other key refinery, located in Isdud, is undergoing repairs. This dependency on imports is expected to further strain "Israel's" finances amid the broader economic impact of the war with Iran.

The refinery strike came in direct response to Israeli attacks on Iranian economic infrastructure, including a major gas processing facility in southern Iran and two fuel storage sites in Tehran. Iranian media and regional reports have highlighted widespread devastation in Tel Aviv and Haifa from the retaliatory strikes, despite efforts by the regime to conceal the extent of the damage.

Iran ended its retaliation on June 24 as the US and "Israel" scrambled for a ceasefire that concluded the 12-day confrontation between Tehran and "Tel Aviv."

'Israel' concealed damage inflicted by Iran

In a report on Saturday, the Israeli occupation reportedly concealed the extent of damage inflicted by Iranian missile strikes on five of its military facilities during the recent 12-day war, according to a report published by The Telegraph, citing radar satellite data from researchers at Oregon State University.

The data suggests that six Iranian missiles successfully hit military targets across the northern, central, and southern regions of occupied Palestine, including the Tel Nof air base, a logistics site, and an intelligence center.

The report underscores the growing challenges faced by the Israeli occupation’s air defense systems, which, while allegedly intercepting most incoming missiles, appeared to be increasingly penetrable during the initial eight days of the exchange.

According to The Telegraph, strict military censorship laws issued by the Israeli regime contributed to the suppression of information regarding the strikes and the extent of the damage. 

  • Israeli aggression
  • Israel
  • Israeli occupation forces
  • Israeli occupation
  • Iran
War on Iran

War on Iran

Most Read

An Israeli soldier abandons an excavator during an ambush by al-Qassam Brigades. Arabic text reads "The moment the soldier fled", July, 10, 2025 (Al Qassam Military Media)

Israeli media rue al-Qassam footage, alarmed by fighters among troops

  • Politics
  • 11 Jul 2025
This satellite image from Planet Labs PBC shows damage after an Iranian attack at the al Udeid Airbase outside of Doha, Qatar, June 25, 2025 (Planet Labs PBC via AP)

Satellite images show Iran attack damaged US comms dome in Qatari base

  • Politics
  • 11 Jul 2025
Ukraine’s Corporate Carve-Up Collapses?

Ukraine’s Corporate Carve-Up Collapses?

  • Analysis
  • 11 Jul 2025
Credible reports, including some from Israeli media itself, indicate that Tel Aviv had pinned its hopes on what can only be described as a delusional plan. (Al Mayadeen English; Illustrated by Batoul Chamas)

Jebraily: Iran strikes rewrote regional deterrence rules - Exclusive

  • MENA
  • 15 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Druze from Syria protest in the Israeli-occupied Majdal Shams of the occupied Golan Heights, Wednesday, July 16, 2025 (AP)
Politics

Syria's Druze leaders divided over ceasefire; IOF vow more operations

Special Envoy of the Iranian Foreign Minister and his Assistant for West Asian Affairs, Raouf Sheibani. (IRNA)
Politics

Iran will not yield to snapback threats: Iran FM advisor - Exclusive

Mourners attend the funeral of the Palestinian teenager Amjad Nassar Awad Hawshiya, 15, who was killed in an Israeli raid, in the West Bank village of Yatta, south of al-Khalil, Tuesday, July 1, 2025 (AP)
Politics

'Israel' transfers Ibrahimi Mosque authority to settler council

President Donald Trump listens during a meeting with Bahrain's Crown Prince Salman bin Hamad Al Khalifa in the Oval Office of the White House, Wednesday, July 16, 2025, in Washington (AP)
Politics

Trump admin. to deny bond hearings for undocumented immigrants

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS