The University of Libya was founded in 1955 by royal decree in Benghazi.
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This situation changed suddenly and dramatically in June 1959 when research prospectors from Esso (later renamed Exxon) confirmed the location of major petroleum deposits at Zaltan in Cyrenaica.
The United States recognized the Kingdom of Libya on December 24, 1951, in a congratulatory message sent by President Harry Truman to King Idris I. Diplomatic relations were established on the same day and the U.S. Consulate-General was elevated to a legation with Andrew Lynch designated as Charge d'Affaires ad interim.
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The British Military Administration (Libya) (sometimes known as British Military Administration (Tripolitania)), the interim administration established on former Italian Libya between the beginning of Allied occupation of the territory in late 1942 and the independence of the kingdom of Libya in December 24, 1951.