
Libya Weighs Force Majeure on 120,000 Barrels Daily After Drone Strikes
A potential supply disruption in Libya could tighten Mediterranean crude availability and introduce volatility into global oil benchmarks.
Impact
High
Window
3 days
Assets
Market Radar
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A potential supply disruption in Libya could tighten Mediterranean crude availability and introduce volatility into global oil benchmarks.
Impact
High
Window
3 days
Assets
Impact
Medium
Window
3 days
Assets
Impact
Medium
Window
3 days
Assets
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Libya Weighs Force Majeure on 120,000 Barrels Daily After Drone Strikes
Libya’s National Oil Corporation is considering a force majeure declaration following drone attacks on the Zawiya oil terminal. This potential disruption threatens to halt exports of 120,000 barrels per day sourced from the nation’s largest production site.
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