Colombian National Liberation Army (ELN) intensifies oil industry attacks after peace talks collapse, threatening Colombia's economy.

Colombian rebels from the National Liberation Army (ELN) have intensified attacks on the oil industry following the collapse of peace talks with the government. This resurgence raises concerns for President Gustavo Petro, as oil accounts for a third of Colombia's exports. The ELN opposes private control over natural resources and has targeted pipelines, impacting state oil company Ecopetrol. The violence and extortion have made regions like Arauca costly for businesses, complicating Colombia's economic recovery.

September 09, 2024
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