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Libya Central Bank Governor: Oil Blockade is ‘Bullet in the Head’

FILE PHOTO: Members of forces loyal to Haftar guard near Libya's El Sharara oilfield in Obari,Libya, February 6, 2019. REUTERS/Stringer
FILE PHOTO: Members of forces loyal to Haftar guard near Libya's El Sharara oilfield in Obari,Libya, February 6, 2019. REUTERS/Stringer
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Libya Central Bank Governor: Oil Blockade is ‘Bullet in the Head’

FILE PHOTO: Members of forces loyal to Haftar guard near Libya's El Sharara oilfield in Obari,Libya, February 6, 2019. REUTERS/Stringer
FILE PHOTO: Members of forces loyal to Haftar guard near Libya's El Sharara oilfield in Obari,Libya, February 6, 2019. REUTERS/Stringer

A blockade of major Libyan oil ports is damaging the economy and must be quickly resolved, the Tripoli-based central bank governor told Reuters on Friday.

"Now oil represents 93-95 percent of total revenue and covers 70 percent of total spending. This is a bullet in the head, that will hurt Libya and the Libyan people," Sadiq al-Kabir said in an interview in London. "We really hope the crisis is resolved as fast as possible because it hurts everyone."

The head of the Government of National Accord, Fayez al-Sarraj, has warned of catastrophe if the week-long blockade by the Libyan National Army of Khalifa Haftar, which has cut oil output to almost zero, is not lifted.

Previously, oil production was 1.2 million barrels a day.

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Israel Orders Evacuation of Area Designated as Humanitarian Zone in Gaza

A picture taken in Deir al-Balah in the central Gaza Strip shows smoke billowing during Israeli army operations in areas east of Khan Younis city on July 26, 2024, amid the ongoing conflict between Israel and the Palestinian Hamas movement. (AFP)
A picture taken in Deir al-Balah in the central Gaza Strip shows smoke billowing during Israeli army operations in areas east of Khan Younis city on July 26, 2024, amid the ongoing conflict between Israel and the Palestinian Hamas movement. (AFP)
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Israel Orders Evacuation of Area Designated as Humanitarian Zone in Gaza

A picture taken in Deir al-Balah in the central Gaza Strip shows smoke billowing during Israeli army operations in areas east of Khan Younis city on July 26, 2024, amid the ongoing conflict between Israel and the Palestinian Hamas movement. (AFP)
A picture taken in Deir al-Balah in the central Gaza Strip shows smoke billowing during Israeli army operations in areas east of Khan Younis city on July 26, 2024, amid the ongoing conflict between Israel and the Palestinian Hamas movement. (AFP)

Israel’s military ordered the evacuation Saturday of a crowded part of Gaza designated as a humanitarian zone, saying it is planning an operation against Hamas militants in Khan Younis, including parts of Muwasi, a makeshift tent camp where thousands are seeking refuge.

The order comes in response to rocket fire that Israel says originates from the area. It's the second evacuation issued in a week in an area designated for Palestinians fleeing other parts of Gaza. Many Palestinians have been uprooted multiple times in search of safety during Israel's punishing air and ground campaign.

On Monday, after the evacuation order, multiple Israeli airstrikes hit around Khan Younis, killing at least 70 people, according to Gaza’s Health Ministry, citing figures from Nasser Hospital.

The area is part of a 60-square-kilometer (roughly 20-square-mile) “humanitarian zone” to which Israel has been telling Palestinians to flee to throughout the war. Much of the area is blanketed with tent camps that lack sanitation and medical facilities and have limited access to aid, United Nations and humanitarian groups say. About 1.8 million Palestinians are sheltering there, according to Israel's estimates. That's more than half Gaza’s pre-war population of 2.3 million.

The war in Gaza has killed more than 39,100 Palestinians, according to the territory’s Health Ministry, which doesn’t distinguish between combatants and civilians in its count. The UN estimated in February that some 17,000 children in the territory are now unaccompanied, and the number is likely to have grown since.

The war began with an assault by Hamas fighters on southern Israel on Oct. 7 that killed 1,200 people, most of them civilians, and took about 250 hostages. About 115 are still in Gaza, about a third of them believed to be dead, according to Israeli authorities.