Libya's oil industry is in disarray right when the world needs it more than ever
CNN
The fluctuating output and conflicting narratives surrounding the industry demonstrate the disarray Libya's oil sector is in, with little clarity on who really is in control of the nation's most valuable resource.
That was big news for oil-consuming nations that are scrambling to look for additional supplies as crude from Russia, the world's third-biggest producer, comes under Western sanctions. Any additional barrels from Libya could provide a much-needed reprieve from soaring global inflation, analysts say.
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