PVT market faces largest Israeli loss in years from ~$180mn refinery claim
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PVT market faces largest Israeli loss in years from ~$180mn refinery claim

Bazan Group’s refinery near Haifa was badly damaged by Iranian bombardment in June.

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Smoke billows after an Iranian missile struck an oil refinery in Haifa, northern Israel, early Monday, June 16, 2025. (AP Photo/Ariel Schalit)
Photo: Alamy
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