Libyan militia agrees to give up 4 oil terminals

Published April 7, 2014 9:47am ET



TRIPOLI, Libya (AP) — A key Libyan militia in the east has agreed to hand back control of four oil terminals it captured and shut down last summer in its demand for a share in oil revenues, the official Libyan news agency reported.

The seizure and the shutdown of the terminals has cost Libya billions of dollars and escalated a political crisis that has threatened to plunge the country into even greater turmoil, unseen since the 2011 civil war that ousted longtime strongman Moammar Gadhafi.

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