07:08 AM EDT, 03/13/2024 (MT Newswires) -- BP (BP) and the Abu Dhabi National Oil Company had suspended its talks for a proposed $2 billion purchase of a major stake in Israel's NewMed Energy, the natural gas firm said Wednesday.

The talks were halted "due to the uncertainty created by the external environment," NewMed said, adding that BP and ADNOC reaffirmed that they were still interested in the purchase.

NewMed said it is still unknown whether the discussion will resume.

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