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Oil prices slump as virus-related demand concerns resurface

Oil prices tumbled around 7% on Thursday, fueled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while the United States saw another large build in crude inventories. U.S. coronavirus cases surpassed 2 million on Wednesday, according to a Reuters...

Libya army captures Haftar's main supply line

The Libyan army on Thursday said it gained control of a main supply line used by warlord Khalifa Haftar's militias, days after it regained full control over the capital Tripoli from the forces loyal to the eastern-based renegade commander. An army statement said it now controlled the...

Libya's Tripoli gov't legitimate: Arab League official

The assistant secretary general of Arab League on Thursday termed the Libyan Government of National Accord (GNA) as the legitimate authority in Libya. In an interview with an Egyptian channel, Hossam Zaki said the GNA is legitimate according to Skhirat Agreement of which Egypt was also...