Armed group shuts valve on Libya's largest oil field pipeline, cutting production

In Libya, an unnamed armed group closed a valve on the pipeline linking the El Sharara oil field to the Zawiya export terminal, causing a significant drop in production. The National Oil Corporation reported the incident on Monday, warning that prolonged disruption could lead to force majeure and affect state revenues. The field, which produces about a third of Libya's oil, has faced repeated closures since 2011. The Zawiya refinery may also be forced to shut down if the disruption continues.