News — cyprus

Israel's Latest Power Grab

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Israel's Latest Power Grab

Seemingly unaffected by domestic corruption charges, Israeli Prime Minister Benjamin Netanyahu is radically redesigning the Eastern Mediterranean political sphere with a series of breakthrough deals. Along with Cyprus and Greece, Israel’s EastMed subsea pipeline will carry natural gas to Europe and is planned to be completed by 2025. With Europe aiming towards creating actual energy diversification, the opportunity comes at a perfect time.In addition to Europe, Israel’s greatest breakthrough comes from Egypt, a former blood rival of the Jewish state. As part of a $15 billion deal, Egypt will act as an energy re-export hub on Europe’s, where Israeli gas...

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From Pipelines to Graveyards

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From Pipelines to Graveyards

An oil pipeline plan has the potential to inflict more damage than any natural disaster of which the world has record. For instance, the very thought of one extending from Iran, through Iraq, and into the Mediterranean accessing Syria prompted Arab oil-producing states to funnel bodies and fortunes to Sunni radicals throughout the region – essentially, ISIS and the Syrian “Civil War.” Already amid a collateral damage rich campaign to expand into Syria, NATO member Turkey now finds itself dealing with a new pipeline, one that spans from Israel to Cyprus, through Crete and Greece, and finishing in Italy. On...

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