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Continued clashes between opposing militia have dashed hopes for political stability as IOCs active in the country report dented bottom lines.
Libya has descended further into violent lawlessness, as militia continued to wrestle for control of Tripoli and Benghazi, the country’s two main cities.
The week began ominously, after fuel tank near the fought-over Tripoli airport was hit by a missile strike on 27 July. The plumes of smoke from the ensuring fire darkened the skyline of the capital for days. Militia had poured into the city to escalate a conflict that began with a battle for control of the airport, held by fighters from the town of Zintan, but had long spread across Tripoli. Hostilities ceased briefly when a ceasefire was declared to let firefighters extinguish the fire and stop it from spreading to other tanks, but on 31 July heavy shelling once again shook the city. (CONTINUED - 1167 WORDS)