US President Donald Trump’s apparent signal of support for the Libyan National Army over the UN-backed Government of National Accord was motivated by the president’s concerns over the impact another supply outage would have on oil and domestic gasoline prices, analysts said Friday. After imposing sanctions on PDVSA, Venezuela’s state-owned oil company, in January, and reimposing sanctions on Iranian crude exports in November, Trump likely fears that the loss of Libyan crude hike crude prices to politically unsustainable levels, these analysts said. “With average regular pump prices approaching $3/gal, rising over twice as fast as usual heading into driving season, and having erased about 90% of their big drop since last […]