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A militant armed group shut down Valve No. 7 on the crude oil pipeline from the Sharara Oil Field in Libya this morning, leading to a halt in the field's production and a reduction in export operations to the Zawiya port. This closure caused increased pipeline pressure and a significant drop in the field’s output, with warnings that if it continues, it could result in a complete suspension of production and transport. This situation poses a direct threat to the national economy, with the possibility of declaring a force majeure if the shutdown persists.
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