The announcement this week that Israel's cabinet approved a new maritime demarcation agreement with Cyprus may pave the way for Israel to start tapping prized offshore oil and gas reserves in the Eastern Mediterranean.
But it also exacerbates an already tense geopolitical standoff between Israel, Lebanon, Turkey and Cyprus surrounding the energy reserves, which, though relatively small compared to those in the Persian Gulf, are estimated to be worth billions. ...
To read the rest, sign up to try World Politics Review
- TWO WEEKS FREE.
- Cancel any time.
- After two weeks, just $18 monthly or $118/year.
Request a free trial for your office or school. Everyone at a given site can get access through our institutional subscriptions.
- Global Insights: Despite Mounting Costs, Russia Sticks By Syria’s Assad
- China’s Middle East Policy Faces Long-Term Challenge From Continuing Turmoil
- Strategic Horizons: To Succeed, Iran Deal Needs a Dose of Realism
- Iran Nuclear Deal a Welcome First Step
- Diplomatic Fallout: Europe’s Struggle for Strategic Competitiveness, Part I