Libya's eastern government announces closure of oil fields due to conflict with the central bank.

The internationally unrecognized eastern government of Libya stated that they have shut down oil fields due to "attacks on the leaders and employees of the Central Bank of Libya," as mentioned by the country's Prime Minister, Osama Hamad.

The eastern authorities announced on Monday on Facebook stating that "force majeure" applies to all oil fields, terminals, and petroleum facilities.

Although the eastern government in Benghazi lacks international legitimacy, most of Libya's oil fields are under the control of the eastern military leader, Khalifa Haftar.

The Benghazi government has not specified the duration of the closure of the oil fields.

Abdul Hamid Dbeibah, the Prime Minister of the internationally recognized Government of National Unity based in the capital city of Tripoli in western Libya, stated that the closure of the oil fields should not be allowed on the pretext of flimsy excuses.

The National Oil Corporation (NOC) did not confirm if production has been halted, but its subsidiary, Waha Oil Company, stated that it plans to gradually reduce production, while another subsidiary, Sirte Oil Company, stated that it will cut production.

According to two engineers from Messla and Abu Attifel who spoke to Reuters on Monday anonymously, production continues and there was no order to halt production.

The closure of the announced oil fields this time is part of the ongoing conflict between the eastern government and the UN-recognized government based in Tripoli, threatening the peace agreement mediated by the United Nations. Both governments have been in dispute over control of the central bank for several days.

As a result of an attempt to replace the Governor of the Central Bank of Libya (CBL), Sadik al-Kabir, armed factions have been mobilized on each side.

According to Malik Turayna, Al Jazeera's special envoy to Libya, the Presidential Council of the Tripoli government appointed Mohammed Al-Shukri as the Governor of the Central Bank last week, but the CBL rejected this.

In the end, Al-Shukri announced that he would not take up this position and refused the possibility of bloodshed among the Libyan people, according to Turayna.

However, the conflict continues as a delegation from the Tripoli government attempted to occupy the office of the CBL Governor on Monday.

Hammad condemned the attempt to replace the top position at the CBL and stated that he would take "all legal means" against the attack on the bank and the "kidnapping of numerous employees", as quoted by local media.

According to analysts at Citigroup,If Libya's crude oil exports decrease,the Brent crude oil price could rise to around $80 per barrel.There is.

The Brent crude oil price dropped to $75 per barrel last week, but it surpassed the $80 mark on Monday.

The Central Bank of Libya has maintained its independence from the opposing government for a long time and is the only internationally recognized depository institution for Libya's petroleum revenue, which is an important source of income for a country torn apart by years of conflict.

Even after more than 10 years since the overthrow of longtime ruler Muammar Gaddafi with the support of NATO in 2011, Libya is still plagued by conflict and civil war.