Tue, 21-Oct-2025

Libya to face financial crisis due to oil blockade, Fayyez al-Sarraj

Libya to face financial crisis due to oil blockade

Libya’s Prime Minister Fayyez al-Sarraj has threatened that Libya will face a financial crisis in 2020 due to blockade of oil terminals and oil fields by groups supporting his opponent Khalifa Haftar. The blockade has caused a decrease in Libya’s oil output since 18th January. Al-Sarraj talked to reporters in the capital, “The continuation of … Read more