Libyan prime minister holds on in the face of oil blockades and a revenue squeeze

Issue 460 - 16 May 2022 - By John Hamilton

A month after demonstrators closed down parts of Libya’s oil production and export infrastructure, halving oil output in a protest against Prime Minister Abdel Hamid Al-Dabaiba’s refusal to hand over power, political and economic pressure is building at every point in the system. It remains unclear whether a deliberate financial squeeze will succeed in driving Dabaiba from office, or whether compromises can be found to get oil flowing again.

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