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The Latest Breaking News from Libya

Crude Prices Tumble on Hopes for Resumption of Libyan Oil Exports

Nov WTI crude oil (CLX24 ) Wednesday closed down -1.87 (-2.61%), and Nov RBOB gasoline (RBX24 ) closed down -3.13 (-1.56%). Crude oil and gasoline prices settled sharply lower on Wednesday. A stronger dollar Wednesday weighed on energy prices. Oil prices were also weighed down by concern that Chinese fuel...

Barchart

EU fund to stem migration from Africa ‘fails to address risks’ – watchdog

The €5bn fund ignores the threat of human rights abusers receiving EU money, says European court of auditors

The Guardian - UK

The EU is failing to dissuade African migrants despite spending billions, auditors say

The European Union's financial watchdog says the bloc is failing to draw lessons about how to discourage unauthorized migration into Europe from Africa

The Independent UK

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France accused over performance in heavy defeat to Iran at Futsal World Cup

Libya’s head coach said complaint will be filed following concerns about the manner of the French players’ performance in a 4-1 defeat by Iran

The Guardian - UK

Labour once sought an ethical foreign policy. That should be the guiding star in tackling the refugee crisis

Costly and lethal efforts at deterrence will not stem migration. Keir Starmer should look to human rights and the nation’s ‘bonds of affection’, not be supporting authoritarian regimes

The Guardian - UK

Crude Pressured by Dollar Strength and Increased Libyan Crude Exports

Oct WTI crude oil (CLV24 ) Friday closed down -0.03 (-0.04%), and Oct RBOB gasoline (RBV24 ) closed down -2.36 (-1.15%). Crude oil and gasoline prices Friday settled lower. Strength in the dollar Friday and increased crude exports from Libya weighed on oil prices. Also, ongoing concerns about weak energy...

Barchart

Crude Prices Underpinned by Heightened Middle East Tensions

Oct WTI crude oil (CLV24 ) today is up +0.14 (+0.19%), and Oct RBOB gasoline (RBV24 ) is down -1.22 (-0.59%). Crude oil and gasoline prices today are mixed. Heightened tensions in the Middle East are underpinning crude prices. Gains in crude are limited today by a stronger dollar and...

Barchart

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Diplomatic failings and ‘elite bargains’ prolonging Libya turmoil: Analysts

With the central bank in turmoil, analysts say that diplomatic efforts in Libya are failing its people.

Al Jazeera

Crude Prices Climb on US Economic Strength and Heightened Middle East Tensions

Oct WTI crude oil (CLV24 ) Tuesday closed up +1.10 (+1.57%), and Oct RBOB gasoline (RBV24 ) closed up +3.37 (+1.71%). Crude oil and gasoline prices Tuesday rallied to 2-week highs and settled moderately higher. Crude rallied Tuesday as stronger-than-expected US economic news showed economic strength that is bullish for...

Barchart

Crude Price Climb as US Economic Strength Supports Fuel Demand

Oct WTI crude oil (CLV24 ) today is up +0.93 (+1.33%), and Oct RBOB gasoline (RBV24 ) is up +1.61 (+0.82%). Crude oil and gasoline prices today climbed to 1-1/2 week highs and are moderately higher. Crude is moving higher today as stronger-than-expected US economic news showed economic strength that...

Barchart

Crude Rallies to a 1-Week High on Dollar Weakness and Tighter Global Oil Supplies

Oct WTI crude oil (CLV24 ) Monday closed up +1.44 (+2.10%), and Oct RBOB gasoline (RBV24 ) closed up +3.80 (+1.97%). Crude oil and gasoline prices Monday rallied sharply to 1-week highs. Monday's slide in the dollar index to a 1-week low was bullish for most commodity prices. Also, the...

Barchart

How has Italy sought to cut irregular migration and could UK copy the policy?

Tunisia and Libya deals appear to have reduced small-boat crossings under Giorgia Meloni’s hard-right government

The Guardian - UK

Crude Posts a 1-Week High on Dollar Weakness and Disruption to Libyan Crude Exports

Oct WTI crude oil (CLV24 ) today is up +1.19 (+1.73%), and Oct RBOB gasoline (RBV24 ) is up +4.02 (+2.085%). Crude oil and gasoline prices today climbed to 1-week highs and are moderately higher. Today's slide in the dollar index (DXY00 ) to a 1-week low is bullish for...

Barchart

How has Italy reduced small boat arrivals by more than 60% in a year – and what is the Albania scheme?

Sir Keir Starmer says he is looking to Italy for answers on how to reduce Channel crossings

The Independent UK

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Al Jazeera

‘I will die trying’: Gambian migrant deportees dream of return to Europe

People who took the ‘backway’ to EU countries and were sent home find few opportunities.

The Guardian - UK

My Friends by Hisham Matar audiobook review – life in exile

Three Libyan friends navigate life in London, separated from their families, in a meditative book steeped in the author’s own experience

France 24

Libya: One year after deadly floods, reconstruction in full swing in Derna

Exactly one year ago, on September 11, 2023, the eastern Libyan coastal town of Derna was hit by deadly floods. Cyclone Daniel left around 5,000 people dead, as many missing and 45,000 displaced. Today, the city is undergoing a full reconstruction. Belgacem Haftar, the son of powerful Libyan military and…

The Guardian - US

‘I feared for my life’: record-setting US traveler says he was held as possible spy

Indy Nelson set a record for most airlines flown and said he was detained by Iran, Russia, Libya and Papua New Guinea

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The Independent UK

A Libyan city scarred by disaster tries to rebuild a year after deadly flooding

It's been a year since two dams burst upstream from the eastern Libyan city of Derna, unleashing a wall of water that swept away thousands of people

The Guardian - UK

Egypt and Turkey’s nascent alliance tested by new crisis in Libya

Fallout from Libyan central bank governor’s dismissal presents immediate challenge for Sisi and Erdoğan

The Guardian - UK

‘For me, there was no other choice’: inside the global illegal organ trade

The long read: I spoke to dozens of people – from ‘donors’ to brokers – to find out how this exploitative trade thrives on chaos and desperation

The Guardian - UK

Brave words, Yvette Cooper – but refugees like me know Britain can’t stop people traffickers

The small-boats ‘summit’ is doomed – there will be smugglers as long as there are people as desperate as I was

Al Jazeera

‘Better together’: Presidents of Egypt, Turkey seek common ground in Ankara

The past few years have seen a warming of relations between the two countries, cemented by high-level visits.

Barchart

Crude Sharply Lower on Global Demand Concerns and Possible Resumption of Libyan Supplies

Oct WTI crude oil (CLV24 ) Tuesday closed down -3.21 (-4.36%), and Oct RBOB gasoline (RBV24 ) closed down -11.55 (-5.52%). Crude oil and gasoline prices plunged Tuesday, with crude falling to an 8-month low and gasoline falling to a 2-3/4 year nearest-futures low. Tuesday's rally in the dollar index...

Barchart

Crude Plunges on Tepid Global Fuel Demand and Possible Resumption of Libyan Supplies

Oct WTI crude oil (CLV24 ) today is down -2.88 (-3.92%), and Oct RBOB gasoline (RBV24 ) is down -9.40 (-4.49%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 7-1/2 month low and gasoline falling to an 8-1/2 month low. Today's rally in the...

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