• 5 minutes Covid-19 logarithmic growth
  • 8 minutes Why Trump Is Right to Re-Open the Economy
  • 12 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 14 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 40 mins WE have a suicidal player in the energy industry
  • 6 hours Washington doctor removed from his post, over covid
  • 5 hours Shale Legs
  • 2 hours TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
  • 54 mins How to Create a Pandemic
  • 1 hour The Most Annoying Person You Have Encountered During Lockdown
  • 1 hour Real Death Toll In CCP Virus May Be 12X Official Toll
  • 6 hours Which producers will shut in first?
  • 3 mins Saudi Aramco struggling to raise money for this year's dividend of $75 billion. Now trying to sell their pipelines for $10 billion.
  • 4 hours KSA taking Missiles from ?
  • 10 hours Trump eyes massive expulsion of suspected Chinese spies
  • 13 hours Did Trump start the oil price war?
Alt Text

This Country Is A Safehaven In An Unstable Middle East

Despite its relatively small hydrocarbon…

Alt Text

Does Saudi Arabia Really Fear A Bernie Presidency?

Democrat presidential hopeful Senator Bernie…

Alt Text

The Real Reason The U.S. Is Interested In Iran

Tensions are escalating in the…

ZeroHedge

ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

Libyan General Haftar Surprises Putin & Erdogan: Rejects Peace Deal

Head the UN-backed Government of National Accord (GNA) in Tripoli, Fayez al-Sarraj, and Benghazi-based General Khalifa Haftar who is now warring for control of the capital, were actually in the same building in Moscow for peace talks on Monday — an extremely rare and unlikely event in its own right. 

The Putin-sponsored talks follow an agreement between the Russian president and Turkey's Erdogan last week to issue an urgent ceasefire call in Libya (the urgent call designated last Saturday for a pause in fighting), but which was immediately rejected by Haftar, despite Russia being among his political backers. 

Monday's talks may have also been awkward for Haftar-Russian ties, given Haftar departed Moscow without signing the agreement for an unconditional open-ended” ceasefire even after the GNA's Sarraj did. 

Likely, Haftar rebuffed the ceasefire  which also would establish a “military commission to determine a contact line” between fighters on the ground — given his Libyan National Army (LNA) has made recent gains into Tripoli. Notably Haftar refused to engage in face to face talks with Sarraj despite being in the same building.

But he did ask for more time to make a final decision, but it's increasingly looking like he'll reject any stoppage in fighting. Related: What The Trade War Ceasefire Means For Oil

Expressing surprise that like with Syria before, the United States has been effectively cut out from overseeing any diplomatic solution, Der Spiegel journalist Mathieu von Rohr noted, “Now, [Russia and Turkey] not only have their seat at the table, they provide the table. And Europe is nowhere to be seen.”

Amid Haftar delaying signing the deal, the Russian military is still touting that the Libyan rivals agreed to an "ongoing ceasefire" according to the AFP. Russia has vowed to continue pushing peace efforts. 

But the reality will only be tested on the ground, where mortars and missiles continue to fly across the suburbs on the outskirts of Tripoli. 

President Erdogan meanwhile used the occasion to slam Haftar, saying Turkey will "teach a lesson" to the LNA leader if attacks resume. Turkey has recently sent troops to bolster the besieged GNA in Tripoli, after having for years provided support in the form of military hardware, including drones. 

This opens the potential for the entire situation to spill over into a broader regional proxy war, given also Egypt has condemned Turkish intervention in the war, and has warned it could send its own troops if Ankara and other external actors don't back down.

By Zerohedge.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage






Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News