Oil prices rise sharply after biggest weekly gain in a year

Oil prices continued their strong gains in trading on Monday, after recording their largest weekly increase in more than a year on Friday, amid increasing risks of a regional war in the Middle East. By noon on Monday, Brent crude futures rose 94 cents, or 1.2%, to $78.98 a barrel. US West Texas Intermediate crude futures also rose $1.09, or 1.51%, to $75.51 a barrel. Brent rose more than 8% last week, its largest weekly increase since January 2023, while West Texas Intermediate crude rose 9.1%, its largest weekly increase since March 2023. Source: National Iraqi News Agency

Libyan House of Representatives Convenes Historic Session in Sabha

Sabha:The Speaker of the House of Representatives, Al-Salihin Abdul Nabi, has declared that the historic session held in Sabha signifies Libya’s unity and reinforces the institutional presence across the nation’s regions. This session marks the first …

Libyan House of Representatives Convenes Historic Session in Sabha

Sabha:The Speaker of the House of Representatives, Al-Salihin Abdul Nabi, has declared that the historic session held in Sabha signifies Libya’s unity and reinforces the institutional presence across the nation’s regions. This session marks the first …

House of Representatives Appoints New Central Bank Governor

Sabha:The House of Representatives has voted to accept the resignation of the former governor and appointed Dr. Fawzi Abu Khuzam as the new Governor of the Central Bank of Libya.

According to Libyan News Agency, the decision was made during a sessio…