Trump administration sets sights on Libya’s oil reserves in behind-the-scenes power play


(Worthy News) – Iran’s loss may be Libya’s gain. The prospect that U.S. sanctions will drastically curb Tehran’s oil exports is feeding interest in Libya’s oil reserves and has even sparked movement toward economic and political reform in one of the region’s most unstable states.

As Libya endured yet another oil blockade, which pulled nearly 850,000 barrels per day from the world’s markets, Trump administration officials worked behind the scenes over the past month to pressure key militia leaders, government officials and oil executives to cooperate or face dire consequences, multiple sources told The Washington Times.

State Department and White House officials declined to comment on specifics, underscoring the sensitivities required to execute a successful power play in Libya. [ Source: Washington Times (Read More…) ]

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