Politics, Geopolitics & ConflictKeep a close eye on Libya - and particularly on Sirte (the gateway to Libyan oil) following the November 3rd agreement for a permanent ceasefire. There are still multiple vying militias and mercenary groups in Sirte, digging in for a tense situation. Libyan production is now at 1.25 million bpd. A portion of an Israeli-Egyptian gas pipeline exploded Thursday in an attack claimed by ISIS. The oil giant’s finances have been hurt by faltering oil prices and the production cut deal that has eaten further into revenue.

Source: Libya Today November 20, 2020 23:22 UTC