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US energy secretary cancels visit over Israeli counterpart's failure to approve Egypt gas deal

US Energy Secretary Chris Wright has canceled his planned visit to Israel after Israeli Energy Minister Eli Cohen refused to approve a major natural gas export deal with Egypt. The $35 billion agreement, the largest in Israel's history, would see gas from the Leviathan field sent to Egypt, but Cohen insists that domestic prices must remain fair before he signs off. Pressure from both the US administration and the company operating the field has not swayed Cohen, who is holding out for better terms for Israeli consumers. The move has created diplomatic tension, as officials work to resolve both economic and political aspects of the deal amid concerns about Israel's future energy supply.

Original article source: https://www.timesofisrael.com/liveblog_entry/us-energy-secretary-cancels-visit-over-israeli-counterparts-failure-to-approve-egypt-gas-deal/
Source Id: 2025-10-878328619

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