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Energy Industry On Edge As Geopolitical Tensions Rise

Libyan oil is still flowing - for now - but a stoppage is becoming increasingly likely as General Haftar’s advance on Tripoli hits a few snags thanks to militia paid for by the UN-backed Government of National Accord (GNA). What happens next in Libya has the potential to take more oil off the market, exciting speculators and driving oil prices higher. But the real war here is playing out between OPEC and American shale; and the latter is having a banner week, solidified by the biggest merger deal in years ...

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