Libya: Blockade causes shortages
Issue 409
- 14 Feb 2020
| 3 minute read
Libya has lost more than $1bn of revenue in less than a month as a result of the oil blockade imposed by the warlord Khalifa Haftar in his attempt to force the Tripoli-based Government of National Accord from power. There is, as yet, no sign of the blockade being lifted or of it achieving its desired result. With every week that it continues, the pressure will increase as the economic and social effects become more pronounced. Fuel and electricity supplies have already been affected and the situation is likely to worsen.
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