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Oil price jumps amid fierce fighting in Libya

Oil price jumps amid fierce fighting in Libya

The crisis in Libya again pushed oil prices higher as the New York Mercantile Exchange opened for trading Monday.

 

Kadafi forces ambush, push back Libyan rebels

Opposition forces trying to reach Surt, the hometown of Moammar Kadafi, retreat to the desert outpost of Ras Lanuf after a ground and air assault.

 

Libya moves toward civil war

As Libya moves toward civil war, reports of violence and casualties continue to mount between forces loyal to longtime leader Moammar Gadhafi and rebel fighters who refuse to let up until Gadhafi's rule ends.

 

Kadafi's forces squelch anti-government protest but fail to seize Libyan rebel stronghold

Kadafi's forces squelch anti-government protest but fail to seize Libyan rebel stronghold

Hundreds of demonstrators call for Moammar Kadafi's downfall in Tripoli but are quickly dispersed by security forces. Rebels continue to hold nearby Zawiya after an assault organized by one of the embattled leader's sons.

 

Senator: U.S. could train Libyan rebels

Senator: U.S. could train Libyan rebels

If the U.S. military is hesitant to enact a no-fly zone over Libya, the Army is capable of giving the opposition the capacity to use anti-aircraft defenses themselves, Sen. Joe Lieberman suggested Thursday.

 

Libya government accepts Chavez plan, Venezuela says

The Libyan government has accepted a Venezuelan plan that seeks a negotiated solution to the uprising in the North African country, a spokesman for President Hugo Chavez said on Thursday.

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Protesters hit by hail of gunfire in Libya march

Protesters hit by hail of gunfire in Libya march

 Militias loyal to Moammar Gadhafi opened fire Friday on protesters streaming out of mosques and marching across the Libyan capital to demand the regime's ouster, witnesses said, reporting multiple deaths. In rebellious cities in the east, tens of thousands held rallies in support of the first Tripoli protests in days.

 

U.S. cables: Gaddafi a master schemer

Moammar Gaddafi, Libya's strongman ruler, is commonly portrayed as an egomaniacal buffoon - an autocrat with an affinity for incomprehensible speeches and a flair for the melodramatic.

 

Middle East unrest, rising oil prices slam stocks

Stocks fell sharply and oil prices spiked to their highest level in two years on Tuesday as investors worried about the increasingly violent unrest in Libya.

 

Libyan forces fire on mourners at funeral again

Libyan forces fire on mourners at funeral again

Libyan security forces open fired on mourners at a funeral for anti-government protesters in the eastern city of Benghazi again Sunday, a day after commandos and foreign mercenaries loyal to longtime leader Moammar Gadhafi pummeled demonstrators with assault rifles and other heavy weaponry as well as knives.

 

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