Lebanon and Israel have reached a historic agreement demarcarting a disputed maritime border between them following years of U.S.-mediated negotiations, Israeli Prime Minister Yair Lapid said on Oct. 11.
While limited in scope, a deal would mark a significant compromise between states with a history of war and hostility, opening the way for offshore energy exploration and easing a source of recent tensions.
"This is a historic achievement that will strengthen Israel's security, inject billions into Israel's economy and ensure the stability of our northern border,” Lapid said in a statement.