US Stakes High in $35 Billion Israel-Egypt Gas Deal Amidst Shifting Mideast Dynamics

• Israel will sell $34.7 billion worth of natural gas from its Leviathan field to energy-deficient Egypt over 15 years (2026-2040), its largest gas deal ever.
• The deal, announced by Benjamin Netanyahu, strengthens Israel's regional energy status and provides significant revenue ($18 billion to treasury).
• Egypt uses the gas for power, factories, and exports to Europe via LNG terminals, with US energy giant Chevron playing a key role.
• The US, under Donald Trump's potential influence, sees geopolitical and business opportunities in the deal and Gaza's redevelopment, aiming to reassert regional control.
• This commercial agreement proceeds despite strained Arab-Israel relations post-October 2023 Hamas invasion, highlighting business logic amidst conflict.

Why It Matters: The $35 billion Israel-Egypt gas deal intertwines energy, geopolitics, and US interests in the MENA region.