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The Latest Breaking News from Amos Hochstein

Top Biden adviser says US won’t rush to fill petroleum reserve

WASHINGTON — The U.S. is committed to replenishing the Strategic Petroleum Reserve but won’t rush to do so immediately despite the recent decline in oil prices, a top Biden administration official said.

Tribune News Service

Biden feud with Big Oil ratchets up just as world needs more US oil

As October drew to a close, the White House saw another potential energy flash point on the horizon.

Tribune News Service

UAE, US Reach Deal for $100 Billion in Clean Energy Projects

The United Arab Emirates and the United States have reached an agreement to spend $100 billion on clean energy projects with a goal of adding 100 gigawatts globally by 2035. The UAE and US reaffirmed their shared commitment to enhancing climate ambition and climate action, in line with their net-zero…

Asharq Al-Awsat

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Saudi, UAE back OPEC cuts as US envoy warns of 'uncertainty'

Saudi Arabia and the United Arab Emirates are defending a decision by OPEC and its allies to cut oil production

The Independent UK

Saudi and UAE back Opec cuts as US envoy warns of ‘uncertainty’

Saudi Arabia and the United Arab Emirates have defended a decision by Opec and its allies to cut oil production, even as an American envoy warned of “economic uncertainty” ahead for the world.

Irish Independent

Lebanon, Israel Sign ‘Historic’ Deal for Maritime Border Demarcation

Lebanon and Israel ended ten years of US-mediated indirect negotiations for demarcating maritime borders by striking a “historic” deal on Thursday.

Asharq Al-Awsat

Lebanon Delivers Signed Sea Border Deal to US Mediator

Lebanon signed and delivered its copy of a US-mediated sea border deal with Israel on Thursday to a US mediator, hoping to soon start exploring gas in its southern maritime blocs to bring economic stability to the crisis-ridden country. The agreement to demarcate the maritime border comes after months of…

Asharq Al-Awsat

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U.S. envoy in Lebanon-Israel maritime talks says expects deal to hold even if top leaders change

Amos Hochstein, the U.S. envoy who negotiated a maritime deal between Lebanon and Israel, said on Thursday he expects the agreement to hold even amid changes in leadership in both countries.

Reuters

Israeli President Isaac Herzog’s Visit To Washington: Day One

Israeli President Isaac Herzog met with an array of audiences on Tuesday in Washington.

Zenger

Lebanon delivers signed sea border deal to U.S. mediator

Lebanon has signed and delivered its copy of a U.S.-mediated sea border deal with Israel to an American mediator, and Israel was expected to sign off

The Independent UK

Lebanon Signs Maritime Border Deal, Israel to Follow Suit

Lebanese President Michel Aoun on Thursday signed a letter approving a landmark US-brokered agreement laying out the country’s maritime boundary with Israel, Lebanon's top negotiator, Elias Bou Saab, told reporters. Israel was set to follow suit in approving the deal. The agreement opens the way for offshore energy exploration and…

Asharq Al-Awsat

Tel Aviv Begins Gas Production from Karish

US envoy Amos Hochstein traveled to Beirut on Wednesday to represent his country at the official signing of the historic agreement to delineate the maritime border between Lebanon and Israel and pave the way for offshore energy exploration in the Mediterranean Sea. “Hochstein traveled to Lebanon to finalize the historic…

Asharq Al-Awsat

Biden adviser says OPEC+ output cut was mainly political move

President Joe Biden’s top energy adviser said the oil output cut by Saudi Arabia and its allies was a largely political move that won’t deter the U.S. administration from trying to curb domestic energy prices.

Tribune News Service

US Negotiator Briefs US Jews On The Israel-Lebanon Maritime Deal

“This is not a peace deal. This is an agreement that allows the two countries to have a normalized boundary in the water,"

Zenger

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Tribune News Service

Biden says more oil releases possible to cut gasoline prices

President Joe Biden announced the drawdown of an additional 15 million barrels of oil from U.S. emergency reserves, as well as what he called a “ready and release plan” aimed at driving down gasoline prices.

Asharq Al-Awsat

US Envoy in Lebanon Next Week with Maritime Deal to Sign

US energy envoy Amos Hochstein will be in Beirut next week carrying a copy of the maritime agreement with Israel for Lebanese officials to sign, Lebanese negotiator Elias Bou Saab told Reuters on Wednesday. "Hochstein will be in Beirut next week with the agreement that we will sign," Bou Saab…

Reuters

U.S. envoy in Lebanon next week with maritime deal to sign

U.S. energy envoy Amos Hochstein will be in Beirut next week carrying a copy of the maritime agreement with Israel for Lebanese officials to sign, Lebanese negotiator Elias Bou Saab told Reuters on Wednesday.

Reuters

Looped in 'line by line', Hezbollah shows pragmatic side in Lebanon-Israel deal

(This Oct. 18 story has been corrected to reflect that only the northern part of Karish lies within what Lebanon has claimed as its territorial waters.)

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Asharq Al-Awsat

Guterres Welcomes Israel-Lebanon Sea Border Deal

United Nations Secretary-General Antonio Guterres has welcomed the US-brokered deal between Israel and Lebanon to demarcate their common maritime border. UN spokesman Stephane Dujarric indicated on Thursday that Guterres “firmly believes that this encouraging development can promote greater stability in the region and greater prosperity for the peoples.” The UN…

The Independent UK

Lebanon's president approves historic Israel sea border deal

Lebanon has approved a U.S.-mediated maritime border demarcation proposal with Israel

Irish Independent

Lebanon approves maritime border deal with Israel

Lebanon has approved a US-mediated maritime border deal with Israel, President Michel Aoun said.

AFP

Israel, Lebanon deal reduces chance of war with Hezbollah: Lapid

Jerusalem (AFP) - Israel's agreement with foe Lebanon to demarcate their maritime border makes conflict with the Iran-backed militant group Hezbollah less likely, the Israeli premier said Wednesday, after his cabinet voiced support for the deal.

AFP

Israel-Lebanon maritime border deal hailed as 'historic'

Jerusalem (AFP) - Israel said Tuesday it has reached a US-brokered agreement with Lebanon to settle their long-disputed maritime border, hailing a "historic agreement" that potentially unlocks significant offshore gas production for both countries.

AFP

Israel-Lebanon sea border deal hailed as 'historic'

Politico

Israel announces sea deal with Lebanon, but doubts remain

The agreement would mark a major breakthrough in relations between Israel and Lebanon, which formally have been at war since Israel's establishment in 1948.

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