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ENI and Egypt Announce Major Gas Discovery as Regional Conflict Drives Energy Costs Higher
ENI and Egypt have revealed a substantial natural gas discovery in the Eastern Mediterranean, a development that could provide much-needed relief for Cairo and potentially support energy supplies in Europe as the ongoing Iran war continues to drive up import costs. The Italian energy group confirmed the find in a statement on Tuesday, highlighting its significance at a time when energy markets remain under intense pressure. Initial estimates suggest the Temsah field, located
3 hours ago2 min read
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