Oil production has been suspended due to a leadership dispute between rival governments in Libya.
The latest political disagreement in Libya is centered around the country’s central bank, which manages a significant amount of oil revenue.
The governor of the central bank has left Libya out of fear for his safety.
For the past ten years, two competing governments have been vying for power, influence, and control over Libya’s extensive oil reserves.
This week, the western government, which is internationally recognized, appointed a new governor for the central bank.
However, the eastern administration, which oversees most of the oil fields, objected to this decision and stopped oil production.
As a result, there are concerns about the impact of this dispute on the economy and whether it is escalating Libya towards a potential civil war.
Presenter: James Bays
Guests:
Faraj Najem – Historian and political researcher
Claudia Gazzini – Senior Libya analyst at the International Crisis Group
Mustafa Fetouri – Independent Libyan academic
