The eastern based Libyan Government, headed by Osama Hamad, announced today a state of “force majeure” on all oil fields, ports, institutions and facilities and the suspension of oil production and export until further notice.‎ ‎This came in a statement against the backdrop of the Tripoli based Central Bank of Libya (CBL) crisis and the … Continue reading Eastern based Libyan Government declares force majeure on eastern based oil fields and export shutdown