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Protests Shut Two Oil Terminals in Libya

Protests Shut Two Oil Terminals in Libya

Protests have forced the shutdown of two crude oil export terminals in Libya after protesters demanded the move and authorities heeded the demand. Per a Bloomberg report, the shutdown will begin later today at the Ras Lanuf and Es Sider terminals, with one tanker already canceling loading, according to unnamed local sources. The protests this time are led by a group called the Oil Crescent Region Movement, which earlier this month demanded that the headquarters of five local energy companies be transferred to the western Libyan region that, as…

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