Libya: Oil Boost Hopes Fizzle Out Amid Hollow ‘Peace Deal’

The standoff between Libya’s internationally recognized government in the eastern port city of Baida and the unofficial administration of the General National Congress (GNC) in Tripoli continues to prove intractable. UN-sponsored talks finally led to an agreement last weekend on the formation of a unity government. But the GNC was absent from the talks.

Meanwhile, a decision by the GNC-backed National Oil...