Libya's oil fields fall into Haftar's hands
The latest military moves leave the government in Tripoli increasingly under siege
Tobruk government forces led by general Khalifa Haftar have completed a dramatic offensive in southern Libya, leaving it in control of all the country's key oil fields. What it does with this control will likely define the future of the country's hydrocarbons industry. While Tobruk now controls the oil, it does not control the oil revenues. These go to a rival government, Tripoli's UN-backed Government of National Accord (GNA), by dint of its international recognition status. But in the wake of what is a shuddering defeat for the GNA, pressure is mounting for a new political deal. Haftar's offensive lasted six weeks and saw his Libyan National Army (LNA) sweep through southern Libya capturin
Also in this section
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future






