Oil prices rose as clashes between Israel and Hezbollah intensified and the prospect of additional US sanctions on Iran came into focus. Brent crude, the global oil benchmark, rose 0.5% in early Asian trading, underscoring how geopolitical uncertainty is fueling concerns over oil supply. US stocks weakened on deteriorating consumer sentiment and falling retail sales,…
Commercial shipping activity through the Strait of Hormuz, one of the world’s most critical maritime chokepoints, has experienced a sharp decline over the past seven days. According to data provided by the British maritime trade operations, traffic through the strait has fallen to just 17 percent of its average volume recorded prior to the outbreak…
Israel Aerospace Industries (IAI) is recording an all-time high in its order backlog and net profit. The backlog of the manufacturer of the Arrow, Heron drones, and Ofek satellites stood at $35 billion at the end of the second quarter of 2026, a surge of more than 35% within a year. Net profit in the…
By Staff Writer August 16, 2026 (ENA) The week ending August 16 highlighted a widening gap between diplomatic efforts…
A 1,300-year-old industrial and commercial complex was uncovered during excavations over the past few months in the Winter Stadium parking lot in Ramat Gan, the Israel Antiquities Authority (IAA) announced on Sunday morning. The excavations, which took place ahead of the construction of a large bus terminal by Netivei Ayalon at the site, revealed ancient…
Europe’s diesel market has entered a phase that could prove to be one of the clearest signs of the energy crisis spreading from the crude oil market to the real economy. Diesel prices in Europe have reached a record €2.185 per liter, equivalent to about $9.57 per gallon. This is not merely a price record,…
Israel’s largest bank, Bank Leumi, has partnered with Galaxy Digital to offer customers cryptocurrency trading, marking the first such service announced by an Israeli bank. Customers of Leumi and its digital banking unit, Pepper, will be able to buy, hold and sell Bitcoin, Ether and Solana through the bank’s Leumi Trade investment app, with the…
Bank Leumi, Israel’s largest bank, is partnering with Galaxy Digital (Nasdaq: GLXY) to become the first bank in the country to offer digital asset trading directly to its customers. What customers will get Clients of Leumi and PEPPER, the bank’s mobile banking arm, will be able to buy, hold and sell selected assets including bitcoin,…
Galaxy Digital (NasdaqGS:GLXY) and Bank Leumi announced a partnership to offer regulated digital asset trading services to Israeli customers. The collaboration positions Bank Leumi as the first major Israeli bank to provide access to cryptocurrencies under local regulatory oversight. Galaxy Digital will supply its GalaxyOne Institutional and Custody Infrastructure platforms to support trading and asset…
Bank Leumi crypto trading is officially coming to Israel. The country’s largest bank has agreed to let customers buy, hold and sell bitcoin, ether and solana starting in early 2027, marking the first time an Israeli bank has committed to offering digital asset trading directly to its retail customers. Key takeaways Bank Leumi will launch…
