The Libyan ceasefire agreement, which is being painted as a permanent one, could soon face increased opposition if third party interference is not dealt with. The UN-brokered (UNSMIL) agreement has been hailed by the 5+5 Joint Military Commission members and the Tripoli-based government as a major step forward. At the same time, Libyan general Haftar, leader of the Libyan National Army in the eastern part of the country, has been strangely quiet on the deal. His backers, mainly Russia, the UAE and Egypt, have been generally supportive of the agreement but have warned that there is still more to be done. Global oil markets are already preparing for a possible wave of Libyan oil in the coming months, with production being projected to hit 1 million bpd. Libya’s national oil company NOC has now lifted the force majeure on all its production fields and export terminals. While all of […]