NYN | News
The British energy-focused website OilPrice has revealed that the maritime blockade imposed by Sanaa forces in the Red Sea has brought the Israeli port of Eilat to a near-complete standstill, placing Tel Aviv in a position where it faces difficult choices with far-reaching strategic consequences.
In a report published on Friday, the site explained that Israeli authorities are now facing a “real dilemma”: either continue operating the port despite financial bleeding and mounting losses, or abandon the vital Red Sea route entirely.
The report pointed out that the complete shutdown of the port since late 2023 — due to the halt in commercial shipping caused by naval attacks — has led to the accumulation of debt, collapse of revenues, and a sharp decline in the port’s economic viability.
The site stated that the financial collapse in Eilat reflects the fragility of Israel’s logistical infrastructure in the Red Sea, which is now under enormous and sustained pressure. It added that this downturn threatens not only general trade flows but also strikes at “strategic arteries” such as Israeli potash exports and oil flows through the Eilat–Ashkelon pipeline.
The report stressed that the repercussions could expand to affect the future of Israeli ports and their standing on the regional trade map if Sanaa’s maritime operations continue at the same pace.
