Libya's National Oil Corporation (NOC) declared force majeure at the Brega oil port on Tuesday, saying it was unable to fulfil its commitments towards the oil market.
"At a time when oil prices are witnessing a significant recovery due to the increase in global demand... Libyan crude is subjected to a wave of illegal closures," the state-owned company said in a statement.
(Reuters - Reporting by Ahmed ElumamiWriting by Ahmad ElhamyEditing by Louise Heavens)
