Libya's Fragile Peace Is A Major Oil Market Risk

"The relentless oil price is causing economic havoc around the world, and Libya represents a
major supply risk that could send prices even higher. 

The recent failed attempt by Bashagha to take power in Tripoli has heightened tensions in the country and could lead to significant supply outages.

Until there is genuine progress on the issue of fair distribution of oil revenues within the country, this risk of major supply outages will continue to plague markets. 

The economic pain for many countries being caused by still-high crude oil (and gas) prices may be exacerbated by another extensive series of blockades of key oil facilities in Libya." ZH