Intel

Maersk has suspended operations at Haifa Port, Israel's busiest maritime gateway, due to risks from Iranian missile strikes, exacerbating the country's economic crisis. This decision comes as Iran's attacks disrupt 98% of Israel's commerce, leading to an estimated daily economic loss of $200 million. The shutdown affects critical supply chains and has caused Intel to halt construction on a multi-billion semiconductor plant in Israel. Cargo volumes at Eilat Port have plummeted by 92%, highlighting the severe impact of regional instability on trade. Analysts suggest repurposing halted projects for military use while emphasizing the need for international compliance. As Israel grapples with these challenges, the balance between security and economic viability remains crucial for its future stability.