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On June 5, 2012, the INSS Center for Strategic Research conducted a conference on east Mediterranean basin energy discoveries and their influence on regional economies, political relations, and U.S. energy policy. Regional energy experts, U.S. government officials, private sector companies, and academics examined the opportunities and constraints in developing offshore energy sources in the Exclusive Economic Zones (EEZ) of Israel and the Republic of Cyprus (RoC), as well as in the Levant Basin. One of the key findings is that alongside opportunities for regional cooperation and mutual benefit, east Mediterranean energy resources are bedeviled by legal, diplomatic, and geopolitical issues within and between neighboring states, including ownership rights, demarcation lines, and access to export routes. These issues could spark new tensions and aggravate existing problems between regional states, while undermining east Mediterranean energy potential.