2min chapter

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No wilt to go on: let us bid Truss goodbye

Economist Podcasts

CHAPTER

Israel and Lebanon's Mediterranean Gas Deal Is Good for Europe's Economy

Israel and Lebanon have been arguing over offshore Mediterranean gas fields for almost a decade. But their leaders have now struck a maritime border deal that could unlock rewards for both countries. It's an agreement that would have required buy-in from Hezbollah, the Lebanese Shia militia which sees Israel as its sworn enemy. Western diplomats say this could not come at a better time - Europe needs gas right now since the Russian invasion of Ukraine.

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