Turkey ties cut, gas monopoly call hit israel companies

摘要

Jerusalem-Shares in Israeli energy companies slumped September 6, hit by a double whammy of Turkey cutting ties with Israel and antitrust officials in Tel Aviv considering declaring Israeli gas explorers a monopoly. Shares in Israel Corporation, the parent company of refiner Oil Refineries Limited which exports large volumes of refined product to Turkey, fell more than 4.5% after Turkish Prime Minister Recep Tayyip Erdogan said Ankara was "totally suspending trade ties and military ties" with Israel.