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flag U.S. Energy Secretary Chris Wright canceled his Israel trip after Israel blocked a $35 billion gas deal with Egypt over pricing and security concerns.

flag U.S. Energy Secretary Chris Wright canceled a planned visit to Israel after Energy Minister Eli Cohen blocked a $35 billion natural gas export deal with Egypt, citing concerns over fair pricing for Israeli consumers and national energy security. flag The proposed 20-year agreement, involving 130 billion cubic meters of gas from the Leviathan field, remains stalled despite pressure from the Trump administration. flag Cohen insists negotiations continue to protect domestic affordability, while Israel and Egypt pursue broader diplomatic and infrastructure cooperation, including a NIS 2 billion pipeline project funded by gas exporters.

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