Representatives from the US, Egypt, Saudi Arabia, and Türkiye met in Cairo last week to discuss proposals aimed at resolving Libya’s political crisis. The country’s energy sector has shown signs of recovery but remains vulnerable to persistent instability and corruption. Insecurity has facilitated the cross-border movement of terrorists and arms, exacerbating jihadist insurgencies across Africa. Against this backdrop, the US and regional powers have sought to broker peace between the rival governments in Tripoli and Tobruk. A successful power-sharing agreement could position Libya as a key energy producer and counterterrorism partner. But past peace initiatives unraveled as opposing factions, prioritizing their interests and emboldened by foreign backers, prolonged conflict. Failure to broker a lasting settlement could reverse recent gains in oil production and discourage foreign investment. Moreover, long-term instability could enable the expansion of the Islamic State.
