Overview
- Israeli media say missile strikes in March 2026 inflicted far more damage on the Bazan refineries in Haifa Bay than officials initially acknowledged.
- The interior ministry has approved extensive repair work that Channel 12 and other outlets report will stretch to 2028.
- Reported technical damage includes gas turbines, steam boilers, electrical rooms and auxiliary systems, and one oil derivatives storage tank was judged beyond repair.
- Bazan previously estimated direct losses at $150–200 million while Israeli officials maintained domestic fuel supplies would not be disrupted.
- The refineries supply large parts of Israel’s fuel needs and the revelations, together with earlier 2025 strikes that killed three workers, raise strategic, market and diplomatic questions about the wider Iran–Israel confrontation.