Israeli Prime Minister Benjamin Netanyahu has approved the largest gas deal in Israel’s history, worth 112 billion shekels, involving American company Chevron and Israeli partners to supply gas to Egypt. The agreement is being seen as a major boost to Israel’s energy security, regional influence, and economic position, while encouraging further investment in gas exploration. The deal marks a striking development in Israel’s relations with an Arab nation Netanyahu previously accused of supporting Hamas, highlighting a pragmatic shift toward energy diplomacy and regional cooperation amid ongoing tensions in Gaza and the broader Middle East.
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