Lebanon reportedly drops claims on Karish gas field
Lebanon’s President Michel Aoun has met with US mediator Amos Hochstein, the special envoy of US President Joe Biden, and presented his country’s position which includes a compromise. The proposal has been passed to Israel, sources close to the matter …
Egypt, Lebanon and Syria sign gas import agreement
Lebanon, Syria and Egypt signed an agreement on Tuesday to transfer 650 million cubic meters of gas per year from Egypt to Lebanon through Syria.
IAEA report says Iran stepping up uranium enrichment at underground Fordo site
Iran is stepping up uranium enrichment at its underground Fordo nuclear site, according to a confidential International Atomic Energy Agency report seen by the Reuters news agency on Monday.
Hungary Blocks Biden’s Global Tax Plan In European Union
Hungary has blocked the introduction of U.S. President Joe Biden’s proposed global minimum corporate of 15 percent in the European Union. The EU member state says the Biden tax would undermine its competitive edge in the region as Hungary has the bloc’…
EU Signs Gas Deal With Israel To Bypass Russia
Europeans struggling to pay their utilities were hoping for some relief Thursday after the European Union signed a deal with Israel and Egypt to boost natural gas exports to Europe to replace imports from Russia.
It may cost more to drive as Congress Proposes New Gas Tax
Despite rising costs of gasoline, two senators proposed raising the federal gasoline and diesel tax a total of 12 cents per gallon to replenish the Highway Trust Fund.
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