A.M. Edition for June 16. The European Union signed a natural-gas deal with Israel and Egypt on Wednesday in a bid to wean itself off Russian supplies by tapping into the gas riches of the eastern Mediterranean.
WSJ correspondent Dov Lieber in Tel Aviv explains the significance of the deal for Israel and Egypt, even if the agreement doesn’t allow the EU to make up for losses of Russian gas. Luke Vargas hosts.
The Economist reports: Turkey discovers large gas discovery in the Black Sea, U.S. to require Hong Kong to label exports as “made in China”, and other world news.
An abundance of fossil fuels combined with advances in technology to harness wind and solar power has sent energy prices crashing around the world. WSJ explains how it all happened at once.
Photo illustration: Carlos Waters/WSJ
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