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    Home > Headlines > Israel's Haifa-based Bazan group says all refinery facilities shut down after Iranian attack
    Headlines

    Israel's Haifa-based Bazan group says all refinery facilities shut down after Iranian attack

    Published by Global Banking & Finance Review®

    Posted on June 16, 2025

    1 min read

    Last updated: January 23, 2026

    Israel's Haifa-based Bazan group says all refinery facilities shut down after Iranian attack - Headlines news and analysis from Global Banking & Finance Review
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    Tags:insurancefinancial crisisinvestmentrisk management

    Quick Summary

    Bazan Group's Haifa refinery halts operations after an Iranian attack damages a power station, resulting in three deaths.

    Bazan Group Shuts Down All Refinery Operations Following Iranian Attack

    (Reuters) -Israel's Haifa-based Bazan Group said all refinery facilities have been shut down after a power station used to produce steam and electricity were significantly damaged in an attack by Iran, according to a regulatory filing on Monday.

    The group said the Iranian attack resulted in the death of three company employees.

    The refinery is located in Haifa Bay, according to Israeli media.

    (Reporting by Menna Alaa El-Din and Alexander Cornwell; Editing by Chris Reese)

    Key Takeaways

    • •Bazan Group's refinery in Haifa has been shut down.
    • •The shutdown follows an Iranian attack causing damage.
    • •Three employees were killed in the incident.
    • •The attack damaged a power station crucial for operations.
    • •The refinery is located in Haifa Bay, Israel.

    Frequently Asked Questions about Israel's Haifa-based Bazan group says all refinery facilities shut down after Iranian attack

    1What happened to Bazan Group's refinery facilities?

    Bazan Group announced that all refinery facilities have been shut down due to significant damage from an Iranian attack on a power station.

    2What were the consequences of the Iranian attack?

    The attack resulted in the death of three employees of the Bazan Group.

    3Where is the Bazan Group refinery located?

    The refinery is located in Haifa Bay, according to Israeli media.

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