The article focuses on freedom of speech in the State of Israel in the context of the ongoing war with Hamas. Throughout its modern history the Jewish state has faced national security threats from some neighboring countries and military groups in the Middle East, that is why freedom of speech regulation has had to reflect these factors. However, parties’ compliance with the rules and customs of war (international humanitarian law) is not within the scope of this article. The first part of the study shows the evolution of the legislation, as well as key precedents of the Supreme Court of Israel, where the highest court of the land consistently considered freedom of speech as a core element of Israeli democracy. Then, the author moves on to current challenges, namely anti-war student protests on campuses and foreign media coverage of the war. Regarding freedom of speech at universities, Israeli legislation is quite ambiguous, leaving wide discretion to the administration of educational institutions and creating legal uncertainty. In contrast, foreign media face the opposite problem, i.e. the rigid regulation and military censorship. Consequently, both situations present equal challenges to freedom of speech in the country that require Israeli legislature and courts to act. In conclusion, the author fully acknowledges that the State of Israel, faced with military aggression, has a legitimate and justified interest in ensuring national security and it may lead to certain restrictions on freedom of speech. Meanwhile, it is important that such restrictions are clearly formulated in the statutes, balanced and proportionate. Today, more than ever, it is important that Israel preserves its democratic values that have always formed the very foundation of the Jewish state.