Greece is in turmoil over what can only be seen as the ruling Syriza party's bait-and-switch: the government called a referendum on the EU-mandated austerity plan, voters said "No," and then the administration went ahead and agreed to a similar plan, sparking the worst riots in Athens in years. Finance Minister Yanis Varoufakis stepped down, and most Syriza MPs have broken with Prime Minister Alexis Tsipras. Amid all this, the Jerusalem Post reports more news that will alienate Tsipras from his leftist base. It seems that on July 6, Tsipras' Foreign Minister Nikos Kotzias spoke in Jerusalem of developing what the JP calls an "axis of security" (uncertain if Kotzias himself used that phrase) made up of Greece, Cyprus and Israel. This is an ostensible response to what Kotzias called a "triangle of destabilization" delineated by Ukraine, Libya and Iraq/Syria. "We have to create inside this triangle a security and stability framework, and the relations between Israel, Cyprus and Greece are very important," Kotzias said. "I call it the stabilization line in this area."

Well, we don't think so either, actually. But Revolution News brings some interesting facts to light in a piece entitled "Bombing for Oil: Gaza, Israel and the Levant Basin." It seems that in 1999, British Gas Group (BG) and Consolidated Contractors International Company (CCC) signed a 25-year agreement with the Palestinian Authority for offshore rights on the Gaza coast. In 2000, as drilling began, BG and CCC found gas (not oil) fields, dubbed Gaza Marine 1 and Gaza Marine 2. The companies were granted a 90% ownership of any reserves (60% and 30% respectively for BG and CCC), with a 10% share for the Palestinians. Gaza Marine 1 is entirely located in "Palestinian territorial waters," with reserves estimated at 28 billion cubic meters. Gaza Marine 2, or the "Gaza Border Field" straddles the maritime border between the Gaza Strip and Israel, with an estimated 3 billion cubic meters.