Libya, reopening oil ports

Libya’s government of national unity is working to reopen four of the OPEC country’s biggest oil ports after securing a deal to help unify the fractured nation’s state energy company. Four ports accounting for about 860,000 barrels a day in crude-exporting capacity have been shut due to political turmoil and fighting. A July 2 deal to unify rival administrations of the National Oil Corp. was meant to end the conflict over who can control oil sales in Libya, where factions are working to set up a Government of National Accord to help rebuild the country after five years of strife.

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