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The European Union will sign a natural gas export deal with Israel on Wednesday, Israel's Energy Ministry said.
After normalising ties over one year ago, Israel and the UAE signed a free trade agreement on Tuesday, the first major agreement between Israel and an Arab state since the Abraham Accords.
Lebanon has extended the licensing deadline for oil and gas companies to explore in the country’s territorial waters until mid-December
Hundreds of Lebanese people, including MPs, protested in southern Lebanon on Saturday over Israel’s decision to move a gas production vessel into an offshore area claimed by Beirut.
Prince Abdulaziz bin Salman said Russia-Saudi relations were 'as good as the weather in Riyadh', two days after US President Joe Biden confirmed he would be heading to the Gulf kingdom.
Israel will reportedly put in place financial guarantees for Israeli airlines that continue to fly into Russia, in breach of international sanctions.
The US said it would back a resolution urging Iran to cooperate with the International Atomic Energy Agency despite Iran warning on Wednesday against 'unconstructive action', saying it would respond 'firmly and appropriately'.
Jordan will launch new oil exploration operations 'soon' in a bid for energy security.
![Israeli President Herzog met Turkish President Erdogan earlier this month amid warming ties [Getty]](/sites/default/files/styles/large_16_9/public/2022-03/GettyImages-1239050842.jpg?h=eec5a94e&itok=e4JSgLQ5)
A gas pipeline between Turkey and Israel is being quietly discussed as ties improve between the two countries and Europe seeks alternatives to Russian energy supplies.
![Israel UAE flags [Getty]](/sites/default/files/styles/large_16_9/public/media/images/BE70A676-1374-4B2A-B2AB-A1049814BEFD.jpg?h=d1cb525d&itok=UpYL_1RD "Israel UAE flags [Getty]")
Trade between Israel and Dubai has surged to $700 million since normalisation, with diamonds being one of the most commonly dealt commodities.