Liberty Energy shares plummeted nearly 30% in two days, led by heavy selling pressure on the oilfield services company co-founded by Energy Secretary Chris Wright. The stock dropped 13.8% as of 11:00 a.m. ET, one of the sharpest declines in U.S. energy services stocks recently, coinciding with benchmark U.S. crude falling to near $60 a barrel. The decline could impact U.S. shale production and supply growth, potentially leading to reduced drilling activity in Texas and Louisiana.
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Egypt, Tunisia, Algeria call on Libyan parties to cease escalation, hold simultaneous elections – Middle East Monitor
Summary Egypt, Tunisia, and Algeria called for an immediate end to the escalation in Libya and urged for simultaneous parliamentary and presidential elections during a trilateral meeting in Cairo. The foreign ministers emphasized the need for restraint among Libyan parties amid renewed clashes in Tripoli, highlighting the importance of advancing Libya’s political process and unifying institutions. This meeting aims to reactivate a previously suspended tripartite coordination mechanism to support peace and stability in Libya, with...
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