Libya fighting disrupts its oil business
Bloomberg/Fuel Fix:
Libya oil output drops as fighting spreads to third oil port
National Oil Corp. already this month declared force majeure at two export terminals, Es Sider and Ras Lanuf, after an attempt by Islamist militias to capture them.The Obama-Clinton policy in Libya continues to deteriorate. This is turning into an ongoing major screw up. The administration clearly had no viable plan for dealing with Libya after it facilitate an overthrow of the government.
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