Source: US News & World Report
“The Libyan eastern-based government said on Monday that all oilfields are closing down, halting production and exports, but the country’s Tripoli-based National Oil Corp, which controls oil resources, has not provided confirmation. Libyan factions are locked in a power struggle over control of the central bank and oil revenues. The government in Benghazi is not internationally recognised, but most oilfields are under the control of eastern Libyan military leader Khalifa Haftar.” (08/26/24)