Libya’s Oilfield Closures Spread in Standoff Over Central Bank 

A general drone view shows the Nafoora oilfield in Jakharrah, Libya, August 27, 2024. (Reuters)
A general drone view shows the Nafoora oilfield in Jakharrah, Libya, August 27, 2024. (Reuters)
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Libya’s Oilfield Closures Spread in Standoff Over Central Bank 

A general drone view shows the Nafoora oilfield in Jakharrah, Libya, August 27, 2024. (Reuters)
A general drone view shows the Nafoora oilfield in Jakharrah, Libya, August 27, 2024. (Reuters)

Libya's oilfield closures spread on Wednesday as the Sarir field almost completely halted output, two field engineers told Reuters, amid a political dispute over control of the central bank and oil revenue.

Authorities in the east, where most of Libya's oilfields lie, declared on Monday that all production and exports would be halted.

Sarir was producing about 209,000 barrels per day (bpd) before output was reduced, the engineers said.

Force majeure had already been announced on exports at the 300,000 bpd Sharara oilfield and this week Reuters has reported disruptions at El Feel, Amal, Nafoora and Abu Attifel.

In July, Libya, an OPEC member, was producing about 1.18 million barrels of oil per day.

The move to shut off Libya's main source of revenue comes in response to the Tripoli-based Presidency Council sacking Central Bank of Libya (CBL) chief Sadiq al-Kabir, prompting rival armed factions to mobilize.

Head of the Tripoli-based Government of National Unity (GNU) Abdulhamid al-Dbeibah, installed through a UN-backed process in 2021, said this week that oilfields should not be allowed to be shut "under flimsy pretexts".

On Tuesday, US Africa Command General Michael Langley and Chargé d'Affaires Jeremy Berndt met Khalifa Haftar, head of the Libyan National Army that controls the country's east and south.

"The United States urges all Libyan stakeholders to engage constructively in dialogue," with support from the United Nations Support Mission in Libya (UNSMIL) and the international community, the US Embassy in Libya said on social media platform X.

Oil prices were little changed on Wednesday. They rallied on Monday partly due to the planned production halt in Libya.



Israeli Forces Launch Strikes Across Gaza, Push Tanks into Central Khan Younis 

Palestinians search for survivors under the rubble after an Israeli airstrike destroyed several homes in Khan Younis camp in the southern Gaza Strip, 27 August 2024. (EPA)
Palestinians search for survivors under the rubble after an Israeli airstrike destroyed several homes in Khan Younis camp in the southern Gaza Strip, 27 August 2024. (EPA)
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Israeli Forces Launch Strikes Across Gaza, Push Tanks into Central Khan Younis 

Palestinians search for survivors under the rubble after an Israeli airstrike destroyed several homes in Khan Younis camp in the southern Gaza Strip, 27 August 2024. (EPA)
Palestinians search for survivors under the rubble after an Israeli airstrike destroyed several homes in Khan Younis camp in the southern Gaza Strip, 27 August 2024. (EPA)

Israeli forces sent tanks deeper into Khan Younis in the southern Gaza Strip and launched strikes across the enclave as they battled Hamas-led fighters, killing at least 34 Palestinians on Wednesday, according to medics.

Residents of Khan Younis said Israeli tanks made a surprise advance into the center of the city, and the military ordered evacuations in the east, forcing many families to run for safety, while others were trapped at home.

Palestinian health officials said the Israeli strikes in Khan Younis killed at least 11 people.

In the central city of Deir Al-Balah, where at least a million people were sheltering, an Israeli airstrike killed eight Palestinians near a school housing displaced families, medics said.

In Nuseirat, in the central Gaza Strip, journalist Mohammed Abed-Rabbo was killed along with his sister in an Israeli attack on their house, medics said. Gaza's Hamas-run government media office said Abed-Rabbo's death raised the number of Palestinian journalists killed by Israeli fire to 172 since Oct. 7.

In recent days, Israel has issued several evacuation orders across Gaza, the most since the beginning of the nearly 11-month-old war, prompting an outcry from Palestinians, the United Nations, and relief officials over the shrinking of humanitarian zones and the absence of safe areas.

The Israeli military said it ordered the evacuation in areas where Hamas and other militants staged attacks, including rocket firing into Israel.

The armed wings of Hamas and the Islamic Jihad said fighters were engaged in clashes with Israeli forces in different areas across the territory, firing anti-tank rockets and mortar fire.

More than 40,500 Palestinians have been killed in the war, according to Gaza's health ministry. The crowded enclave has been laid to waste. Most of its 2.3 million people have been displaced multiple times and face acute shortages of food and medicine, humanitarian agencies say.