Chevron Nullifies the Illegal Turkish-Libyan Memorandum: Strategic Implications for Greece

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A week ago, in the oval office of the White House, top advisors from the four largest oil companies met. One of them was Chevron. They presented their plans to the global leader, and Donald Trump reportedly encouraged them to proceed, prioritizing business over all else. Kyriakos Mitsotakis, during a cabinet meeting, mentioned Chevron’s interest in exploring hydrocarbons in two blocks south of Crete. This move underscores Greece exercising its sovereign rights against misleading attempts by others, highlighting political stability amidst significant geopolitical shifts. The areas Chevron is interested in traverse the illegal Turkish-Libyan memorandum, effectively nullifying it—a move of immense geostrategic importance for Greece. Libya has also recently introduced 12 blocks inviting major oil companies, aligning their maps with Greece’s, further sidelining the Turkish-Libyan agreement unrecognized by the US and EU. Meanwhile, tensions persist between Greece and Turkey, with Erdogan remaining an unpredictable factor. Mitsotakis visited Israel to meet Netanyahu, a key ally of Trump, amid escalating tensions. Domestically, former leaders like Antonis Samaras, Kostas Karamanlis, and Prokopis Pavlopoulos have shown unity in criticizing the current government. Controversy erupted when naval cadets shouted anti-Turkish slogans during the March 25 parade, prompting investigations by Defense Minister Nikos Dendias into misconduct within the armed forces. In unrelated developments, Christos Triantopoulos will submit a written statement instead of appearing before the Pre-Investigative Committee, accelerating legal proceedings against him. Speculation about Alexis Tsipras’s return remains unfounded as SYRIZA focuses on renewal without him.