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The UAE’s largest oil firm Adnoc and UK energy giants British Petroleum (BP) pulled out of talks on Wednesday to buy a 50 percent stake in Israel’s leading natural gas producer, claiming the $2 billion deal carries too much risk amid Israel’s war on Gaza. The companies halted talks because of “uncertainty created in the external environment”, according to a statement from Israel’s NewMed Energy. With the suspension of talks, the Israeli company appeared pessimistic on reviving the deal soon, stating “there can be no certainty that discussions will resume or that an agreement will be reached in…

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