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Israel freezes UAE oil deal July 26, 2021 OCCUPIED-AL-QUDS: Israel’s environmental protection ministry said on Sunday it was delaying implementation of a proposed oil transport deal with the United Arab Emirates, freezing a project that has angered environmentalists. The agreement, which followed the UAE and Israel establishing diplomatic ties last year, would see Gulf oil brought to the Red Sea port of Eilat by tanker, than moved by pipeline through mainland Israel to the Mediterranean port of Ashkelon, from where it would be shipped to Europe. The oil deal, involving Israel’s state-ow...

Israeli Minister of Environmental Protection Gila Gamliel is looking to have the recent oil pipeline deal between Israel and the United Arab Emirates (UAE) scrapped because of security and environmental concerns

The S&P/ASX 200 Index (ASX:XJO) jumped higher today. However, the Fortescue Metals Group (ASX:FMG) share price fell after an update.

The S&P/ASX 200 Index (ASX:XJO) jumped higher today. However, the Fortescue Metals Group (ASX:FMG) share price fell after an update. The post ASX 200 surges to new record, Fortescue drops, Inghams flies higher appeared first on The Motley Fool Australia.

Red Sea coral reefs ‘under threat’ from Israel-UAE oil deal February 15, 2021 Israeli environmentalists are warning that a UAE-Israeli oil pipeline deal threatens unique Red Sea coral reefs and could lead to “the next ecological disaster”. The agreement to bring Emirati crude oil by tanker to a pipeline in the Red Sea port of Eilat was signed after the two nations normalised ties late last year and should come into force within months. With experts warning of possible leaks and spills at the ageing Eilat port, and the Israeli environmental protection ministry demanding “urgent” ta...