US renews Israel oil deal

US officials say they have renewed an agreement to supply Israel with oil in the case of a blockade.

    The deal was first inked in 1979

    The agreement was initially signed following the controversial Israel-Egypt Peace Treaty of 1979.

    The deal led to Israel returning the Sinai peninsula and oilfields to Egypt.

    US and Israeli officials said the renewal was aimed at ensuring Israel had sufficient supplies.

    According to the 10-year agreement, the US will supply oil to Tel Aviv in case imports are halted, and pledges to offer safe means to transport fuel to Israel.

    A spokesperson for the US embassy in Tel Aviv said the agreement was an example of the friendly relations between the two countries.

    SOURCE: Reuters


    YOU MIGHT ALSO LIKE

    Death from above: Every Saudi coalition air raid on Yemen

    Death from above: Every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Will you push the boundaries or play it safe?

    Will you push the boundaries or play it safe?

    Curate an art exhibition and survive Thailand's censorship crackdown in this interactive game.