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Debunking the Gaza Oil Myth
Terrorists in Gaza using humanitarian aid bags to prop up rockets. Photo: Screenshot
The claim that Israel’s military actions in Gaza are motivated by a desire to seize Palestinian oil and gas resources has gained traction since October 2023. Reports and op-eds have been published by Al Jazeera, TRT World, and the Middle East Eye, with headlines such as “Israel’s Genocidal War on Gaza Is Also About Oil and Gas.” Various environmental NGOs have followed their lead, claiming that “this genocide is about oil.” These claims were further echoed by prominent anti-Israeli social media influencers such as Richard Medhurst and Jake Shields, who claimed that “massive amounts of oil have been discovered off of Gaza. After the genocide is completed, it will be rightfully Israel’s oil.” Even the poetry editor of the New York Times Magazine claimed that Israel’s war in Gaza was about “the deadly profit of oil interests” in her November 2023 resignation letter from the paper.
None of these claims has any basis in fact. Gaza does not have any known oil reserves. There are also no known assessments regarding potential oil in Gaza that is waiting to be explored. What Gaza does have is a small, undeveloped offshore natural gas field named “Gaza Marine.” The field was discovered in 2000, but was deemed too small to be commercially viable at the time. The field is estimated to contain only 30 BCM of natural gas, which is a small fraction of the more than 1,000 BCM of natural gas contained in Israel’s own territorial waters (in the Tamar, Leviathan, and Karish/Tanin fields). The idea that Israel would go to war over such a marginal gas field is absurd.
The primary source behind this disinformation campaign about Gaza’s alleged oil reserves is a UN body. Specifically, most of the accusations against Israel can be traced to a 2019 report by the United Nations Conference on Trade and Development (UNCTAD) entitled “The Economic Costs of the Israeli Occupation for the Palestinian People: The Unrealized Oil and Natural Gas Potential.” The report, written by Atif Kubursi, Professor Emeritus of Economics at McMaster University in Canada, states that “the Occupied Palestinian Territory lies above sizeable reservoirs of oil and natural gas wealth,” to the tune of “tens, if not hundreds, of billions of dollars.” It also claims that there are $524 billion worth of energy reserves in the Levant Basin, a bounty that could be shared among the different parties in the region if not for Israel’s “occupation of the Palestinian people.”
Critics of Israel have latched onto the $524 billion figure from the UNCTAD report to argue that Israel’s war in Gaza is driven by a desire to seize its energy assets. However, the report did not attribute these resources to Gaza or the West Bank but to the entire Levant Basin, which includes Israel, Egypt, Lebanon, Syria, and Cyprus. The report estimates that Palestinians have lost approximately $2.57 billion in potential revenue from Gaza Marine due to their inability to develop the field. This revenue could, however, be recouped once the field is developed. Egypt was poised to develop the field and share the revenue with the Palestinian Authority, with the approval of the Israeli government, if not for the current war.
In addition, the report points to the Meged oil field – located primarily within Area C of the West Bank – as another possible source of revenue for Palestinians. However, the report deliberately inflates the significance of the field by relying on outdated figures. The report estimates that the field might contain 1.5 billion barrels of oil and have a potential market value of $71 billion, but these figures are based on unsourced PR claims (rather than available geological evidence) that were released prior to commercial production. These assessments have been proven incorrect following repeated attempts to develop the field. Between 2011 and 2016, the field produced only 1 million barrels and shut down due to technical difficulties and dwindling output. The fact that the field has already been proven economically nonviable was ignored in the report, which continued to cite the debunked assessments.
Even under optimal conditions, the Meged field would not produce enough oil to be a central motivator for Israeli military action in the West Bank. This becomes especially clear when considering that a large part of the field is in Israeli territory, so Israel would not have to occupy Area C to access it and produce from it.
The misleading interpretation of the 2019 UNCTAD report could have been dismissed as an innocent mistake, had UNCTAD itself not deliberately presented the findings in such a way. On its website and subsequent press releases, UNCTAD advertised its report with the headline “The unrealized potential of Palestinian oil and gas reserves.” It continued this misrepresentation with the subhead, “Oil and natural gas resources in the occupied Palestinian territory could generate hundreds of billions of dollars for development.” Again, the report does not attribute these numbers to the Palestinian Territories but to the entire Levant Basin, a fact that cannot be inferred from the headline. Moreover, the UNCTAD press release repeats the claim that “Geologists and resource economists have confirmed that the occupied Palestinian territory lies above sizeable reservoirs of oil and natural gas,” a bald assertion that is not substantiated in the report.
The UNCTAD report has also been criticized for inflating additional figures and relying on dubious conspiracy blogs as its sources of data, raising serious doubts about the credibility and intentions of its author. The political newsletter “Twilight of Greed” took a deep dive into the report and discovered false and deliberately misleading arguments. For example, the report frequently cites the works of Michel Chossudovsky, who is known for spreading antisemitic conspiracy theories about how the Jews were behind the 9/11 attacks and who was accused by the US State Department in 2020 of being a proxy for a Russian disinformation campaign. Despite this, the report cites Chossudovsky 11 times, making him the single most-cited author in the entire report. It even prints his false assertion that the Gaza Marine field is secretly connected to Israeli underwater infrastructure and is slowly being depleted.
It is appalling that an official UN body would approve of such a report and then continue to publicize it with false claims about its content. One of the most troublesome aspects of the narrative is how quickly it has spread on social media, bolstered by a broader anti-Israeli and anti-imperialist sentiment. Despite efforts by experts to debunk these myths, they have become entrenched in the discourse surrounding the Israeli-Palestinian conflict. These claims have been difficult to counter due to the viral nature of social media misinformation. By the time experts began addressing the flaws in the narrative, the theory had gained millions of adherents online.
The ongoing conflict between Israel and Gaza is driven by far more complex political, historical, and security concerns than the control of natural gas or oil. Israel’s current and previous wars in Gaza have focused primarily on security threats posed by Hamas and other militant groups, as well as broader territorial and political disputes. The Gaza Marine and Meged fields, while valuable in an economic sense, are not significant enough to drive military action. The spread of the Gaza oil myth reflects the dangers of relying on dubious sources and conspiracy theories to explain complex geopolitical conflicts. These dangers are only worsened when an official UN body knowingly pushes these theories to center stage, permitting reckless ideologues to launder their viewpoints and providing them with unwarranted credibility.
Dr. Elai Rettig is an assistant professor in the Department of Political Studies and a senior research fellow at the Begin-Sadat Center for Strategic Studies at Bar-Ilan University. He specializes in energy geopolitics and national security.
Lee Wilcox is a California-based writer and editor for the American political and historical newsletter “Twilight of Greed.” He currently studies US History at the University of California, Davis.
A version of this article was originally published by The BESA Center.
The post Debunking the Gaza Oil Myth first appeared on Algemeiner.com.
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Syria’s Sharaa Says Talks With Israel Could Yield Results ‘In Coming Days’
Syrian President Ahmed al-Sharaa speaks at the opening ceremony of the 62nd Damascus International Fair, the first edition held since the fall of Bashar al-Assad’s regime, in Damascus, Syria, Aug. 27, 2025. Photo: REUTERS/Khalil Ashawi
Syria’s President Ahmed al-Sharaa said on Wednesday that ongoing negotiations with Israel to reach a security pact could lead to results “in the coming days.”
He told reporters in Damascus the security pact was a “necessity” and that it would need to respect Syria’s airspace and territorial unity and be monitored by the United Nations.
Syria and Israel are in talks to reach an agreement that Damascus hopes will secure a halt to Israeli airstrikes and the withdrawal of Israeli troops who have pushed into southern Syria.
Reuters reported this week that Washington was pressuring Syria to reach a deal before world leaders gather next week for the UN General Assembly in New York.
But Sharaa, in a briefing with journalists including Reuters ahead of his expected trip to New York to attend the meeting, denied the US was putting any pressure on Syria and said instead that it was playing a mediating role.
He said Israel had carried out more than 1,000 strikes on Syria and conducted more than 400 ground incursions since Dec. 8, when the rebel offensive he led toppled former Syrian leader Bashar al-Assad.
Sharaa said Israel’s actions were contradicting the stated American policy of a stable and unified Syria, which he said was “very dangerous.”
He said Damascus was seeking a deal similar to a 1974 disengagement agreement between Israel and Syria that created a demilitarized zone between the two countries.
He said Syria sought the withdrawal of Israeli troops but that Israel wanted to remain at strategic locations it seized after Dec. 8, including Mount Hermon. Israeli ministers have publicly said Israel intends to keep control of the sites.
He said if the security pact succeeds, other agreements could be reached. He did not provide details, but said a peace agreement or normalization deal like the US-mediated Abraham Accords, under which several Muslim-majority countries agreed to normalize diplomatic ties with Israel, was not currently on the table.
He also said it was too early to discuss the fate of the Golan Heights because it was “a big deal.”
Reuters reported this week that Israel had ruled out handing back the zone, which Donald Trump unilaterally recognized as Israeli during his first term as US president.
“It’s a difficult case – you have negotiations between a Damascene and a Jew,” Sharaa told reporters, smiling.
SECURITY PACT DERAILED IN JULY
Sharaa also said Syria and Israel had been just “four to five days” away from reaching the basis of a security pact in July, but that developments in the southern province of Sweida had derailed those discussions.
Syrian troops were deployed to Sweida in July to quell fighting between Druze armed factions and Bedouin fighters. But the violence worsened, with Syrian forces accused of execution-style killings and Israel striking southern Syria, the defense ministry in Damascus and near the presidential palace.
Sharaa on Wednesday described the strikes near the presidential palace as “not a message, but a declaration of war,” and said Syria had still refrained from responding militarily to preserve the negotiations.
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Anti-Israel Activists Gear Up to ‘Flood’ UN General Assembly
US Capitol Police and NYPD officers clash with anti-Israel demonstrators, on the day Israeli Prime Minister Benjamin Netanyahu addresses a joint meeting of Congress, on Capitol Hill, in Washington, DC, July 24, 2024. Photo: REUTERS/Umit Bektas
Anti-Israel groups are planning a wave of raucous protests in New York City during the United Nations General Assembly (UNGA) over the next several days, prompting concerns that the demonstrations could descend into antisemitic rhetoric and intimidation.
A coalition of anti-Israel activists is organizing the protests in and around UN headquarters to coincide with speeches from Middle Eastern leaders and appearances by US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. The demonstrations are expected to draw large crowds and feature prominent pro-Palestinian voices, some of whom have been criticized for trafficking in antisemitic tropes, in addition to calling for the destruction of Israe.
Organizers of the demonstrations have promoted the coordinated events on social media as an opportunity to pressure world leaders to hold Israel accountable for its military campaign against Hamas in Gaza, with some messaging framed in sharply hostile terms.
On Sunday, for example, activists shouted at Israel’s Ambassador to the UN Danny Danon.
“Zionism is terrorism. All you guys are terrorists committing ethnic cleansing and genocide in Gaza and Palestine. Shame on you, Zionist animals,” they shouted.
BREAKING: PRO-PALESTINE PROTESTORS CONFRONT “ISRAELI” AMBASSADOR DANNY DANON AT THE UNITED NATIONS
1/5 pic.twitter.com/4G1VYEMGzV
— Within Our Lifetime (@WOLPalestine) September 14, 2025
The Combat Antisemitism Movement (CAM), warned on its website that the scale and tone of the planned demonstrations risk crossing the line from political protest into hate speech, arguing that anti-Israel activists are attempting to hijack the UN gathering to spread antisemitism and delegitimize the Jewish state’s right to exist.
Outside the UN last week, masked protesters belonging to the activist group INDECLINE kicked a realistic replica of Netanyahu’s decapitated head as though it were a soccer ball.
US activist group plays soccer with Bibi’s mock decapitated HEAD right outside NYC UN HQ
Peep shot at 00:40
Footage posted by INDECLINE collective just as UN General Assembly about to kick off
‘Following the game, ball was donated to Palestinian Genocide Museum’ pic.twitter.com/TQ84sgZhKr
— RT (@RT_com) September 9, 2025
Within Our Lifetime (WOL), a radical anti-Israel activist group, has vowed to “flood” the UNGA on behalf of the pro-Palestine movement.
WOL, one of the most prolific anti-Israel activist groups, came under immense fire after it organized a protest against an exhibition to honor the victims of the Oct. 7 massacre at the Nova Music Festival in southern Israel. During the event, the group chanted “resistance is justified when people are occupied!” and “Israel, go to hell!”
“We will be there to confront them with the truth: Their silence and inaction enable genocide. The world cannot continue as if Gaza does not exist,” WOL said of its planned demonstrations in New York. “This is the time to make our voices impossible to ignore. Come to New York by any means necessary, to stand, to march, to demand the UN act and end the siege.”
Jewish Voice for Peace (JVP) and Palestinian Youth Movement (PYM), two other anti-Israel organizations that have helped organize widespread demonstrations against the Jewish state during the war in Gaza, also announced they are planning a march from Times Square to the UN headquarters on Friday.
“The time is now for each and every UN member state to uphold their duty under international law: sanction Israel and end the genocide,” the groups said in a statement.
JVP, an organization that purports to fight for “Palestinian liberation,” has positioned itself as a staunch adversary of the Jewish state. The group argued in a 2021 booklet that Jews should not write Hebrew liturgy because hearing the language would be “deeply traumatizing” to Palestinians. JVP has repeatedly defended the Oct. 7 massacre of roughly 1,200 people in southern Israel by Hamas as a justified “resistance.” Chapters of the organization have urged other self-described “progressives” to throw their support behind Hamas and other terrorist groups against Israel
Similarly, PYM, another radical anti-Israel group, has repeatedly defended terrorism and violence against the Jewish state. PYM has organized many anti-Israel protests in the two years following the Oct. 7 attacks in the Jewish state. Recently, Sen. Tom Cotton (R-AK) called for a federal investigation into the organization after Aisha Nizar, one of the group’s leaders, urged supporters to sabotage the US supply chain for the F-35 fighter jet, one of the most advanced US military assets and a critical component of Israel’s defense.
The UN General Assembly has historically been a flashpoint for heated debate over the Israeli-Palestinian conflict. Previous gatherings have seen dueling demonstrations outside the Manhattan venue, with pro-Israel and pro-Palestinian groups both seeking to influence the international spotlight.
While warning about the demonstrations, CAM noted it recently launched a new mobile app, Report It, that allows users worldwide to quickly and securely report antisemitic incidents in real time.
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Nina Davidson Presses Universities to Back Words With Action as Jewish Students Return to Campus Amid Antisemitism Crisis
Nina Davidson on The Algemeiner’s ‘J100’ podcast. Photo: Screenshot
Philanthropist Nina Davidson, who served on the board of Barnard College, has called on universities to pair tough rhetoric on combatting antisemitism with enforcement as Jewish students returned to campuses for the new academic year.
“Years ago, The Algemeiner had published a list ranking the most antisemitic colleges in the country. And number one was Columbia,” Davidson recalled on a recent episode of The Algemeiner‘s “J100” podcast. “As a board member and as someone who was representing the institution, it really upset me … At the board meeting, I brought it up and I said, ‘What are we going to do about this?’”
Host David Cohen, chief executive officer of The Algemeiner, explained he had revisited Davidson’s remarks while she was being honored for her work at The Algemeiner‘s 8th annual J100 gala, held in October 2021, noting their continued relevance.
“It could have been the same speech in 2025,” he said, underscoring how longstanding concerns about campus antisemitism, while having intensified in the aftermath of Hamas’s Oct. 7, 2023, massacre across southern Israel, are not new.
Davidson argued that universities already possess the tools to protect students – codes of conduct, time-place-manner rules, and consequences for threats or targeted harassment – but too often fail to apply them evenly. “Statements are not enough,” she said, arguing that institutions need to enforce their rules and set a precedent that there will be consequences for individuals who refuse to follow them.
She also said that stakeholders – alumni, parents, and donors – are reassessing their relationships with schools that, in their view, have not safeguarded Jewish students. While supportive of open debate, Davidson distinguished between protest and intimidation, calling for leadership that protects expression while ensuring campus safety.
The episode surveyed specific pressure points that administrators will face this fall: repeat anti-Israel encampments, disruptions of Jewish programming, and the challenge of distinguishing political speech from conduct that violates university rules. “Unless schools draw those lines now,” Davidson warned, “they’ll be scrambling once the next crisis hits.”
Cohen closed by framing the discussion as a test of institutional credibility, asking whether universities will “turn policy into protection” in real time. Davidson agreed, pointing to students who “need to know the rules aren’t just on paper.”
The full conversation is available on The Algemeiner’s “J100” podcast.