Why Western Oil Majors Are Willing to Take the Libya Risk Again

With Russia still focused on Ukraine and China on Taiwan, the U.S. and its key Western allies -- most notably, Great Britain, France, and Italy -- are continuing to secure highly strategic geopolitical gains across the Middle East and North Africa (MENA). Following Moscow’s loss of its key client state in the region, Syria, the allies have been quick not just to build out their influence there but also in Libya, a longtime area of interest to the Kremlin following the West’s ill-thought-through removal of Muammar Gaddafi in 2011. This…