Libya’s Oil Exports To Dip Again Amid Renewed Port Blockades

Libyan oil production and exports are set to drop again after two export terminals were blocked on Thursday, and protesters threatened on Friday to close another oil port. Groups of protesters closed the Ras Lanuf and Es Sider oil export terminals on Thursday, demanding a transfer of powers from Prime Minister Abdul Hamid Dbeibah, who has been refusing to step down for newly sworn-in eastern Prime Minister Fathi Bashaga. The Parliament-backed Bashagha has the support from eastern Libya and its east-based parliament, while Dbeibah is based in Tripoli.…