Source: Responsible Statecraft
by Elfadil Ibrahim
“In early August, Israeli energy company NewMed announced a record-breaking $35 billion deal to supply natural gas to Egypt, nearly tripling its current imports and binding Cairo’s energy future to its neighbor until at least 2040. Though Egyptian officials were quick to frame this not as a new agreement but as an ‘amendment’ to a 2019 deal, the sheer scale of the deal — the largest in Israel’s export history — is indicative of a deepening and dangerous dependence on its neighbor for its energy needs.” (08/14/25)