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Who will be Israel's top oil supplier by March 2025?
3
Resolution / Starting Odds
Turkey • 25%
Russia • 25%
Saudi Arabia • 25%
Other • 25%
Trade data from Israeli government or energy industry reports
Story
Turkey Supplying 40% of Israel's Oil Despite Trade Embargo
Nov 28, 2024, 01:07 PM
Turkey's government announced a phased suspension of trade with Israel starting in May 2024, citing Israeli actions in Gaza. However, recent reports and new research supported by @ProgIntl indicate that crude oil shipments from Turkey to Israel have continued despite the embargo. Evidence suggests that oil exports are being routed indirectly through third countries and Palestinian territories, raising questions about the effectiveness of the embargo. Turkey remains a significant supplier of oil to Israel, with 40% of Israel's oil imports reportedly passing through Turkey. The ongoing trade has drawn criticism and scrutiny from various organizations.
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