Libya’s energy sector remains both the backbone of its economy and a mirror of its political fragility. The announcement of its first international oil and gas licensing round in 18 years earlier this year has been a welcome development and triggered renewed interest from IOCs and investors.
As Libya's problems worsen, Prime Minister Abdulhamid Dabaiba continues to focus on his government's image instead of ensuring that his government functions.
The recognition of a Palestinian state by a slew of Western countries does little to change things on the ground, but opens up the real possibility of Israeli backlash. Here European states will need to take a stand, and buy time as possible change in the U.S. brews.
A recent Turkish mediated agreement between the GNU Prime Minister and Rada have cooled tensions for now, but risks still loom as Dabaiba continues to look for war.
Greece is likely hoping that by furthering investment in the eastern-based Reconstruction and Development Fund, led by the Haftar family, it can derail plans for the House of Representatives (HoR) to approve Turkish claims in the eastern Mediterranean.
In rare talks between the Haftars, the Dabaibas, and U.S. envoy Massad Boulous in Rome, discussions touched on Tripoli’s fragile stability and Libya’s oil sector, hinting at a potential shift that could redefine power dynamics in Libya.
Bangladesh’s democratic transition remains fragile. The interim government struggles to deliver reforms and prepare the country’s first credible election in 16 years, with risks ranging from orderly democratic renewal to violent breakdown.
With growing political instability in western Libya, there is a clear sense that the status quo is shifting, triggering an intensified struggle over the country’s vast natural wealth.
