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Oil shutdown spells further chaos in ‘mafia state’ Libya

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Libyan oil output rallied in November to 1.17 million b/d, according to S&P Global Commodity Insights estimates, the highest production figure since October 2022. But given the country’s volatile security situation and fractured politics, the revival is unlikely to last very long, Libya watchers say. Libya contains Africa’s largest oil and gas reserves, but was ...

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