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Libya Benefits Most from Iran's Conflict

Libya Benefits Most from Iran's Conflict

The rise in global oil prices has boosted Libyan oil exports, with the country's production reaching approximately 1.4 million barrels per day in April, the highest level in over a decade. These increases reflect Libya's efforts to leverage higher oil revenues to rebuild its economy and infrastructure, despite ongoing political divisions and internal conflicts. Additionally, international companies such as Chevron and Eni are assessing and exploring gas and oil reserves in the country, amid growing European and American interest in the Libyan energy market.

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