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The speaker of the parliament of the eastern Libyan government said that the supply of oil and gas will continue to be disrupted until the central bank governor resumes his legal duties.
The government in eastern Libya announced that it would stop all oil production and exports, and WTI crude oil rose by nearly 3%! Federal Reserve officials released doves, Russia launched a large-scale attack on Ukraine, and Iran will respond independently! What major events happened around the world last night and this morning?
On August 26, the government of eastern Libya issued a statement on social platforms saying that all oil fields, terminals and oil facilities are facing "force majeure". The move is a response to the attempt by the rival Tripoli-based government to take over the Libyan central bank.
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