Libya's east ups the ante
Haftar's recapture of the oil crescent and the GNA's disintegration have prompted renewed efforts by Tobruk to sell its own oil
The guns had not yet fallen silent on an 11-day battle for Libya's key oil ports in mid-March when a new front opened in the country's civil war, with eastern Libya declaring separate control of its oil assets. The fighting began on 3 March when the Benghazi Defence Brigades (BDB), Islamist militias originally from that city, seized Es-Sider, Libya's largest export terminal, and Ras Lanuf, its third largest. The BDB is aligned with Libya Dawn, an Islamist and Misratan militia coalition, which is at war with a rival coalition, Operation Dignity. Dignity contains most of the rest of Libya's tribes along with the Libyan National Army (LNA), led by eastern general Khalifa Haftar, the country's m
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat






