The Israeli port of Eilat officially declared its bankruptcy, after eight months of complete paralysis of commercial activity and its cessation of receiving ships and containers, especially coming from the Asian countries’ markets, carrying with them the needs of the economy and its industrial sector. This includes raw materials, intermediate goods, production inputs, machinery and equipment, crude oil and fuel, wheat, food, cars and other market needs.

Israel’s Eilat Port has been Bankrupted by the Houthis supporting Palestinians of Gaza