Israel’s Oil Refineries, known as Bazan, has initiated a phased resumption of operations at its Haifa facility, which was forced to halt activities two weeks ago due to an Iranian missile attack.
According to a report by The Times of Israel on Sunday, June 29, 2025, in a regulatory filing submitted in Tel Aviv, Bazan announced that it is progressively restoring its operations and anticipates reaching full capacity by October.
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The company emphasized its robust insurance coverage, which protects against damages and profit losses up to $250 million resulting from acts of terrorism and war, ensuring financial stability during this recovery period.….KINDLY READ THE FULL STORY HERE▶
