Geopolitics Alpha

Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries

Published . Updated .

Key takeaways

  • Evacuating Haifa Bay refineries faces doubt after the government change.
  • Exposed: CRAK, XLE, VLO, MPC, PSX
  • Market reaction: CRAK +1.9% on the day (still updating); XLE +1.6% on the day (still updating); VLO +3.1% on the day (still updating)

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Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries

Evacuating Haifa Bay refineries faces doubt after the government change. Behind it: Close ties between Bazan Chairman Kaplinsky and Eizenkot, alongside ongoing controversy over the site's future.

Directly affected

  • No company is named in this report.

Indirectly affected

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story.

  • VLO Valero Energy-11.1% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

  • MPC Marathon Petroleum-0.9% 16d

    Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

  • PSX Phillips 66-1.8% 30d

    Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRAK+4.45%-1.14%base+1.90%after closeafter closeafter close
XLE+2.11%-0.95%base+1.57%after closeafter closeafter close
VLO+4.18%-1.21%base+3.12%after closeafter closeafter close
MPC+0.73%-4.30%base+2.11%after closeafter closeafter close
PSX+3.60%-2.02%base+2.31%after closeafter closeafter close
XOM+3.07%+0.89%base+1.25%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries The Jerusalem Post

Source: The Jerusalem Post

The price since 11 Nov 2026: Vaneck Etf Trust (CRAK) versus the S&P 500

CompanyWhenMoveStatus
Vaneck Etf Trust (CRAK)that day+1.90%still updating
Vaneck Etf Trust (CRAK)three days earlier-1.14%final price
Vaneck Etf Trust (CRAK)five days earlier+4.45%final price
Marathon Petroleum (MPC)that day+2.11%still updating
Marathon Petroleum (MPC)three days earlier-4.30%final price
Marathon Petroleum (MPC)five days earlier+0.73%final price
Phillips 66 (PSX)that day+2.31%still updating
Phillips 66 (PSX)three days earlier-2.02%final price
Phillips 66 (PSX)five days earlier+3.60%final price
Valero Energy (VLO)that day+3.12%still updating
Valero Energy (VLO)three days earlier-1.21%final price
Valero Energy (VLO)five days earlier+4.18%final price
Select Sector Spdr Tr (XLE)that day+1.57%still updating
Select Sector Spdr Tr (XLE)three days earlier-0.95%final price
Select Sector Spdr Tr (XLE)five days earlier+2.11%final price
ExxonMobil Holdings (XOM)that day+1.25%still updating
ExxonMobil Holdings (XOM)three days earlier+0.89%final price
ExxonMobil Holdings (XOM)five days earlier+3.07%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Vaneck Etf Trust (CRAK)

Companies carried with this story

  • CRAK Vaneck Etf Trust

    Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries.” Reason on file: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story

  • VLO Valero Energy

    In “Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries,” Valero Energy (VLO) is linked, with no stored direction, medium confidence. Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story

  • MPC Marathon Petroleum

    Marathon Petroleum (MPC) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries.” Reason on file: Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story

  • PSX Phillips 66

    In “Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries,” Phillips 66 (PSX) is linked, with no stored direction, medium confidence. Reason on file: Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story

  • XOM ExxonMobil Holdings

    In “Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story

Vaneck Etf Trust (CRAK)

Vaneck Etf Trust (CRAK) is the company in “Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries,” the 11 Nov 2026 this story story.

What ties Vaneck Etf Trust (CRAK) to the headline is this: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story

A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story

Price levels for Vaneck Etf Trust (CRAK)

VLO traded between 342.17 and 461.55 across 20 sessions. The latest close on file is 346.32. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

How strong the case is around Vaneck Etf Trust (CRAK)

46 out of 100Price not final

“Bazan's evacuation in doubt: Political shift may affect the plan to relocate the refineries” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.