The spread of fighting from Tripoli to nearby Zawiya has caused the first major setback to Libya’s resurgent oil sector. The country’s political instability, amid interference from a plethora of external actors, threatens to further undermine the comeback.
After weeks of production gains, Libya’s oil revival came to an abrupt halt after continued militia clashes near a key export terminal forced the shut in of the Sharara field - the country’s biggest source of crude. (CONTINUED - 1168 WORDS)