Libya's full reentry into the oil market pressures crude prices
Libya’s oil output has doubled from August levels to more than a million barrels a day after rival factions
Chinese President Xi Jinping called on Thursday for a peace conference on the war between Israel and Palestinian militant group Hamas as he addressed Arab leaders and diplomats at a forum in Beijing.
China is this week hosting Egyptian President Abdel Fattah al-Sisi and
several other Arab leaders for a forum at which discussions on the war in Gaza
were expected.
Addressing the delegations on Thursday morning, Xi said China supported a
"broad-based" peace conference to resolve the conflict.
"The Middle East is a land bestowed with broad prospects for development,
but the war is still raging on it," Xi said.
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