EconomyFor Libya, the Hormuz crisis can be a trap or an opportunity

The global energy crisis triggered by the Iran war is increasing European interest in Libya’s oil and gas. Yet political fragmentation, weak infrastructure, heavy subsidies and domestic power shortages constrain the country’s prospects. Expanding exports alone could deepen Libya’s long-standing resource curse, so the revenues should fund energy-system reform and renewable power.

Libyaenergy crisisoil and gaseconomic reform

AAl Jazeera★★★★☆2026-09-27 15:29Original