In a recent article, The Financial Times discusses the intensification of tensions regarding the economic sector in Libya. The author reports that economy is becoming the new battlefront in the Libyan crisis which opposes the UN-led Government of National Accord (GNA) and factions aligned with Eastern-Libyan General Haftar. For analysts, Haftar could represent a significant threat to Libya’s oil resources given his military emprise through strategic Libyan National Army (LNA) positions. The article recalls that past attempts by General Haftar to seize oilfields and oil resources had been successfully blocked, thanks to the intervention of the United States. However, recent developments such as the seeming endorsement of Haftar by President Trump lead analysts to fear that further attempts to seize oil resources by Haftar could be successful.Click here to read the article
Africa, Central Bank of Libya, Economic crisis, Economy, GNA, Governance, Haftar, Libyan Army/Militias, LNA, NOC, Oil, Tripoli, UN, US Politics
The economic battlefront