The US government raised the specter of sanctions on unspecified parties involved in Libya’s civil war yesterday after Libya’s oil authority accused the United Arab Emirates (UAE) of obstructing efforts to restore petroleum revenue sharing between the country’s warring sides, Al-Monitor stated.
Restarting the flow of oil and equitable revenue sharing would likely reduce the two sides’ dependence on foreign military support, which has escalated significantly over the past year, the source added.