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Turkey’s Libya Deal Puts Oil Majors in a Bind

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Turkey has finally gotten both sides of a divided Libya to sign the maritime map it has pushed for seven years. Ankara signed the boundary deal with Libya’s Tripoli government in 2019, and the rival parliament in the east rejected it in 2020. On October 20, that same parliament, the Haftar-aligned House of Representatives in Benghazi, ratified the deal unanimously.

Both of Libya’s governments now recognize a boundary that runs between Crete and Cyprus, leaving Greek islands in the area with no sea beyond their territorial waters. Ankara…

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Section
Business
First reported by
Oil Price
Reporter
charles kennedy
Published
Wednesday, 28 October 2026, 2:30 am IST
Coverage
One outlet so far

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