OIL CUTOFF
Libya’s oil company halts production as crisis gets worse
The cutoff derives from the continuing conflict between Libya’s two rival political factions over control of the central bank and oil revenue
Libya's capital city of Tripoli (Getty Images)
Add The Circuit on GoogleAs the political crisis in Libya deepens, the country’s National Oil Co. halted production at its petroleum fields and cut off shipments from its ports, rattling regional oil markets.The NOC declared a “force majeure” to inform customers that orders...
