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Bloomberg: Libya’s Major Oil Ports Halt Operations

The American news agency Bloomberg reported today, Tuesday, that oil loading operations at Libya’s major ports have stopped due to protests, disrupting about one-third of oil exports. This highlights the risks to global supplies stemming from ongoing tensions in Libya.

According to Bloomberg, two individuals familiar with the situation stated that the shutdown began on Tuesday at Ras Lanuf and Sidra, which together export over 400,000 barrels per day. The closures were reportedly ordered by the so-called Petroleum Crescent Movement.

One of the individuals mentioned that an oil tanker at Sidra has already ceased loading operations.

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