The Brega oil port in Marsa Brega, Libya. Source:: -/AFP/Getty Images Libya’s oil exports have fallen to about a third of last year’s level after the worsening political crisis prompted the suspension of shipments from two of the nation’s biggest ports. Force majeure has been declared on crude shipments from Es Sider and Ras Lanuf, the country’s largest and third-biggest export terminals, the National Oil Corp. confirmed in a statement late Thursday. The ports of Brega and Zueitina haven’t handled any crude for almost two months. The drop in Libya’s supply threatens to further tighten the global oil market. Brent crude has risen by about 40% this year following the invasion of Ukraine. Libya’s crude and condensate exports have declined over the past four months to a 20-month low of 610,000 barrels a day in June, according to tanker-tracking data compiled by Bloomberg. The latest port closures are crimping […]