Libya Restores Zqout-Sidra Oil Flow

Libyan Wahat Company managed to contain a leak in the Zawiyat Sider pipeline within 24 hours of its discovery, following routine inspections. Oil production resumed after the leak was fully controlled and repairs completed. The company's daily output typically ranges between 340,000 and 400,000 barrels of oil. This measure comes amid risks related to fluctuations in global oil markets, which are affected by tensions in the Gulf of Hormuz, where the number of passing ships has decreased to 33 vessels, reflecting ongoing risks to international oil supplies.

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