Chart: Axios Visuals
Egypt is holding up the implementation of an agreement over two strategic Red Sea islands that paved the way for Saudi Arabia to take steps toward normalizing relations with Israel, according to four Israeli officials and one U.S. source.
Why it matters: The agreement, which was composed of a series of understandings between the U.S., Saudi Arabia, Israel and Egypt, was a significant Mideast foreign policy achievement for the Biden administration.