Libya is a country in North Africa bordered by the Mediterranean Sea, Egypt, Sudan, Chad, Niger, Algeria, and Tunisia. It holds some of Africa’s largest proven oil reserves, making it a key player in global energy markets. Since the 2011 uprising that ended Muammar Gaddafi’s rule, Libya has faced political instability, with rival administrations and ongoing security challenges. Its economy is heavily dependent on oil exports, and developments in Libya can influence regional and global energy prices.