Supply Squeeze Pushes Egypt Toward Libyan Oil Imports

Egypt is moving to secure crude oil imports from Libya to cover a supply gap estimated at around one million barrels per month, following disruptions to Kuwaiti shipments linked to tensions in the Strait of Hormuz. According to an Egyptian government official, Cairo is seeking to import at least 1 million barrels of Libyan crude [] The post Supply Squeeze Pushes Egypt Toward Libyan Oil Imports appeared first on LibyaReview.