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Wednesday, October 28, 2026Updated 00:28 UTC

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Turkey’s Libya Deal Puts Oil Majors in a Bind

Source: OilPrice.com · Oct 27, 2026 21:00 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Turkey has finally gotten both sides of a divided Libya to sign the maritime map it has pushed for seven years. Ankara signed the boundary deal with Libya’s Tripoli government in 2019, and the rival parliament in the east rejected it in 2020. On October 20, that same parliament, the Haftar-aligned House of Representatives in Benghazi, ratified the deal unanimously. Both of Libya’s governments now

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