The recent dramas gripping the country have been shadowy, shaped by backroom deals, black market transfers and illicit smuggling.

The UN Libya mission said on Thursday that Libyan factions did not reach a final agreement in the talks aimed at resolving the central bank crisis that has slashed oil output and exports.

Diplomats may be busy stopping other wars in Ukraine and Gaza from growing into monstrous regional conflicts. But if they’re too consumed to take this brief opportunity, they may end up with a third before too long,

Libya's rival factions are making headway in talks to resolve the central bank crisis, which has drastically reduced the country's oil output and exports. The UN mission in Libya facilitated discussions,

Libya's rival factions made progress on talks over the central bank crisis and will continue discussions on Thursday to reach a final agreement, the UN Libya mission said on Wednesday, in a bid to defuse a crisis that has slashed oil output and exports.

Libya’s crude exports continued to slump as UN-led talks failed to break an impasse over control of the country’s central bank that has spilled over into its oil industry.

Libyan oil exports fell around 81% last week, Kpler data showed, as the National Oil Corporation cancelled cargoes amid a crisis over control of Libya's central bank and oil revenue.