What is the framework agreement signed by Israel and Lebanon?

Israel and Lebanon signed a framework agreement on October 31, 2024, to demarcate their maritime border. This agreement, facilitated by months of direct talks brokered by the United States, aims to resolve a long-standing dispute over offshore gas fields. The deal allows both countries to explore and extract natural gas resources in disputed waters, potentially boosting their economies. While the agreement focuses on maritime boundaries, it does not address the broader political and territorial issues between the two nations, including Israel's continued occupation of Lebanese land. The US played a crucial role in mediating the negotiations, with officials from both countries engaging in indirect and later direct discussions to reach this accord. The agreement is seen as a significant diplomatic achievement, paving the way for potential energy cooperation and reducing regional tensions.