While limited in scope, the agreement has the potential to ease security and economic concerns in both countries, whose shared history is rife with conflict, and open the way for more gas exploration in the region.
Hezbollah, a Lebanese political party and militia backed by Iran, had threatened to use force against Israel should it explore for gas near the disputed area before Lebanon was allowed to do so in its own maritime zone.
US Senior Advisor for Energy Security Amos Hochstein arrives to meet with Lebanon's President Michel Aoun in September "We are avoiding a sure-fire war in the region," Lebanon's caretaker prime minister Najib Mikati said last week.Israel is holding an election on 1 November and it is still unclear whether the accord would require parliament's approval.
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