Haftar has reportedly ordered the suspension of Libya’s oil exports. Libya produces 1.3 million barrels per day and the closures took out about 600,000 b/d of its output last week. It only exacerbated the country’s political, military, and economic stability. Both rival parties, especially the eastern part, seem to be sticking to their personal political and economic interests. They may be much less likely to cooperate with the UN-backed peace process to reach long-lasting political stability.

Source: Libya Today May 04, 2022 08:31 UTC