Israel’s agreement with foe Lebanon to demarcate their maritime border makes conflict with the Iran-backed militant group Hezbollah less likely, the Israeli premier said Wednesday, after his cabinet voiced support for the deal. Prime Minister Yair Lapid on Tuesday announced that Israel and Lebanon had reached an “historic” US-brokered agreement, which potentially unlocks significant offshore gas production for the eastern Mediterranean neighbours. The deal between the countries that have remained technically at war since Israel’s creation in 1948 was applauded by world leaders, including US Pr…