Asia · Western Asia · Israeli New Shekel
Israel is presented here as a historical economic dossier rather than a flat stat sheet: long-run macro cycles, public balance-sheet pressure, market depth, external buffers, and the events that likely bent the curve.
A tighter current-state read before dropping into the long historical charts.
The timeline is where macro numbers meet story: crises, wars, policy shifts, trade deals, and other shocks connected to Israel.
Iran and the P5+1 reached the Joint Comprehensive Plan of Action, placing limits on Iran's nuclear program in exchange for sanctions relief and reshaping oil markets and regional diplomacy.
The Trump administration withdrew from the 2015 Iran nuclear deal and announced the reimposition of US sanctions on Iran, sharply affecting Iranian oil exports, regional diplomacy, and transatlantic coordination.
A US drone strike killed Iranian General Qasem Soleimani near Baghdad airport, sharply escalating tensions between Washington and Tehran and raising fears of a broader regional conflict.
Israel normalized relations with the United Arab Emirates and Bahrain under US mediation, reshaping regional diplomacy, investment patterns, and security alignments in the Middle East.
Hamas killed about 1,200 people in Israel and took hostages on 7 October 2023. Israel launched a large-scale military campaign in Gaza, while the United States expanded military deployments, diplomacy, and support tied to the conflict.
The United States and United Kingdom began strikes on Houthi targets in Yemen after repeated attacks on Red Sea shipping, a campaign with direct implications for Israel-linked trade routes, global freight costs, and regional escalation involving Iran-backed forces.
Iran launched hundreds of drones and missiles toward Israel after a strike on its diplomatic compound in Damascus. The United States and regional partners helped Israel intercept much of the barrage, marking the first direct Iranian attack on Israeli territory from Iran itself.
The US Congress approved a large supplemental package for Ukraine and Israel in April 2024, reinforcing Washington's central role in both conflicts and signaling continued support despite domestic political delays.