Egypt, Israel Ink Gas Deal as Second Phase of Gaza Deal Remains Stalled | Firstpost Africa

Egypt has confirmed a massive $34.7 billion agreement to import natural gas from Israel; a move Israeli Prime Minister Benjamin Netanyahu hails as a "historic" milestone for regional energy dominance. Cairo insists the deal is purely commercial and strategic to address domestic energy shortages. The agreement, involving US giant Chevron, comes as Egypt maintains a delicate balance between economic necessity and its unwavering public support for the Palestinian cause. As negotiations for the second phase of the Gaza ceasefire deal falter, US President Donald Trump is reportedly pushing for a high-level meeting between Netanyahu and Egyptian President Abdel Fattah el-Sisi to end the conflict.