Risky routes: Energy transit in the Middle East (Robin Mills, Brookings)

In 2011, Libya’s revolution knocked most of its oil production offline for months, resulting in a loss of nearly 2 percent of global production and a corresponding increase in oil prices. The security of energy exports and energy transit from the Middle East and North Africa (MENA) region, given its paramount importance to the global economy, has long been a concern. The current, very unsettled political situation in the region has made that concern even more salient.

http://www.brookings.edu/research/papers/2016/04/25-energy-transit-in-the-middle-east-mills