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UAE Takes Lead in Fighting Financial Crime

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Saudi Defense Minister discusses cooperation with Malaysia

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Ben Gvir at Al-Buraq Wall amid settler raid
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Libyan oil sector faces ongoing lockdown effects

Libyan oil sector faces ongoing lockdown effects

The article discusses the crisis caused by the closure of the oil pipeline in Libya, which has led to a decline in production at the "Sharara" oil field and its impact on fuel supplies and local industries. As a result of the closure, refining operations at the "Zawiya" refinery have deteriorated, resulting in losses exceeding $95 million over a few days and the loss of approximately 942,000 barrels of crude oil. This crisis has also increased pressure on the pipeline and caused a reduction in oil production, amid ongoing protests by the "Oil Facilities Guard" demanding improvements to their financial and administrative conditions. These protests threaten the continued operation of refining and the supply of fuel to the domestic market.

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