US seeks oil dominance in Libya via diplomacy

President Donald Trump is pursuing a strategy to bring Libyan oil under US control as part of a broader energy dominance agenda, according to Bloomberg. Washington is working to reconcile the warring factions controlling eastern and western Libya, aiming to stabilize the country and unlock access to Africa's largest oil reserves. US companies are already moving in: ConocoPhillips and Chevron signed agreements in 2026 to develop fields, and Exxon Mobil is considering a return after a decade-long hiatus. The effort mirrors previous US moves in Venezuela and Iran to secure oil production and global market influence.