Since the outbreak of a new round of military conflict between Israel and Palestine on the 7th, the conflict has so far resulted in over 2000 deaths on both sides.

At the same time, the border situation between Lebanon and Israel is becoming increasingly tense, and both sides are rapidly strengthening their military presence in the border area. Both sides are increasing their troops to the Israeli Lebanese border. The situation seems to be trending towards intensification. Due to its impact, important ports in Israel have also been closed, casting a shadow over the market outlook.

Israel has 9 ports, including 4 main ports, namely Ashdod Port, Ashkelon Port, Haifa Port, and Tel Aviv Port.

Among them, the location of the temporarily closed Ashkelon Port is extremely important, and it is the famous "Cross Israel Oil Pipeline".

Ashdod Port, which is in an "emergency situation," stated in a statement that workers continue to work. The berths at the port are open as needed, and we are providing a response that meets all Israeli needs

In addition, Haifa Port, Israel's largest port, is still operating normally. But shipping and maritime safety companies are reviewing their operations in Israel.

According to the 2023 Global Container Port Performance Index released by the World Bank, Haifa Port ranks 56th globally.

Israeli ports are considered to face higher risks, "said British maritime risk consulting and security company Dryad Global. With the continuous occurrence of rockets in Gaza and the possibility of prolonged conflicts, the destruction of port infrastructure is becoming increasingly likely.

Recently, due to the escalation of the Israeli-Palestinian conflict, the stock price of Adani Port and Economic Zone Company under the Adani Group has dropped by 4.5%, and investors are very cautious about the possibility of the Israeli-Palestinian conflict continuing to escalate.