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Editors’ Pick

August 21, 2025

Egypt Signs a Record Gas Deal with Israel

Without it, the country wouldn’t be able to keep the lights on.

Earlier this month, the Egyptian government concluded a $35 billion deal to triple the amount of natural gas it receives from Israel’s Leviathan offshore field every year. Mariam Wahba observes that recently Cairo has been threatening to scrap its 1977 peace treaty with Jerusalem because of the Gaza war. But the diplomatic relationship is a little more complicated than that:

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