The oil issue as tensions increase in Libya

On 11 April, Hart Energy published a short article on the potential consequences of the fighting in Tripoli on Libyan oil resources. Ahmad Ghaddar and Aidan Lewis also point out that control of oil resources has been for several years one of the main contentious subjects between Eastern and Western institutions. According to the article, oil prices have risen above $70 per barrel on fears of new losses to Libyan production.Click here to read the article.