Libya: Eastern-based government declares force majeure on oil exports as of Aug. 26

Libya's eastern-based government declared a force majeure on oil exports, as of Aug. 26. The action comes amid the ongoing power struggle over the control of Libya's Central Bank, which is based in Tripoli. The National Oil Corporation (NOC), the entity responsible for managing Libya's oil resources, has not yet officially confirmed the force majeure or disclosed whether oil production has been impacted.

Protests outside government buildings in Tripoli and Benghazi, as well as oil fields, cannot be ruled out over the coming days.