News
🚨 🇱🇾 Libya: intruders shut pipeline valves at Zawiya crude-receiving station
🚨 🇱🇾 Libya: intruders shut pipeline valves at Zawiya crude-receiving station
- 🇱🇾 Libya's National Oil Corporation says unidentified people entered the crude-receiving station near the Zawiya refinery and closed the pipeline valves, per newswires ( / 08:17 GMT). Zawiya is a 120k barrels a day refinery
- 🌍 No word yet on how long the valves stay shut or whether nearby crude flows are affected. It lands with Brent Dec already up more than 3% on the day at its highest since May on the Iran and Gulf headlines
FO view: The size matters less than the timing.
Not investment advice.