Libya's oil war starts
The east's capture of four ports gives it a huge victory in the battle for the country. Oil exports may rise and the conflict could deepen
The opening round of Libya's long-anticipated oil war began this week with the seizure of four key oil ports by eastern general Khalifa Haftar. So comprehensive was the victory that it may also prove to be the closing round. In the aptly named Operation Surprise Lightning launched on the morning of 11 September, Haftar's Libyan National Army (LNA), loyal to the elected House of Representatives (HoR) parliament in Tobruk, struck at four terminals simultaneously. The move gives the east control of Libya's commanding heights and may be a decisive blow in the country's civil war. It certainly changes the balance of power. It may also herald a recovery in Libyan oil exports, though many obstacles
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya






