• Politics & Governance

Libya Political Risk Report (Feb 20, 2026)

This report covers political and security updates in Libya between February 13, 2025 - February 19, 2026. Clients can download the full report at the end of the page.

Big-Picture Outlook

Ramadan begins this week, with Libya's worsening economy causing shortages of consumer products right before the holiday. Average Libyans continue to feel the economic pressure as politicians offer largely symbolic solutions.

The international community continues to try and push Libyaโ€™s rival factions toward a new political agreement. Libya continues to face a weak security sector in the west, with fighting breaking out in the Tripoli suburb of Janzour.

Key Highlights

  • The Central Bank of Libya (CBL) has approved $100 million in Letters of Credit (LoC) for companies to import 2.5 million cartons of cooking oil over the next two weeks.
  • The Libyan Dinar to USD exchange rate briefly surpassed 10 LYD per USD for the first time in years.
  • Security groups in the city of Misrata agreed to oppose any potential deal between the Dabaiba and the Haftar families.
  • Senior Adviser to the US President, Massad Boulos, and the Commander of US Africa Command (AFRICOM), General Dagvin Anderson, met with Libyan National Army (LNA) Deputy Commander Saddam Haftar on the sidelines of the Munich Security Conference.
  • Head of the Egyptian intelligence services, Hassan Rashad, met with LNA commander Khalifa Haftar in Benghazi.
  • The 6th Support Force and the 137th Infantry Battalion clashed in central Janzour after the 6th Support Force accused the 137th Infantry Battalion of kidnapping their commander, Monir al-Suwayh.

Political Risk

Cooking oil crisis represents Libyaโ€™s economic decay