UN mission warns disruption to Libya oil infrastructure could trigger sanctions - Reuters
Source: Reuters
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DW NOTE
The UN threatens sanctions if Libya's oil infrastructure is disrupted — a strange inversion. The Strait of Hormuz has been closed for three months and cut global supply by 5.7 million barrels per day. Libya produces 1.2 million. One closure gets accommodation. The other gets warnings.
Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a two-day meeting.
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The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu