Libya’s Oil Production Could Stabilize Under New Unity Government

Libya’s Parliament approved on Wednesday the first unity government of the war-torn country since 2014, potentially paving the way to more stability in oil production in the African OPEC member, which is exempted from the OPEC+ cuts.   At a parliament session today, lawmakers approved an interim unity government led by Prime Minister Abdulhamid Dbeibeh that could put an end to the rivalry between institutions in the east and west of Libya and bring about more security and stability to oil production and oil infrastructure. The interim…