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Money News

Libya's NOC resumes force majeure, says UAE behind oil blockade

TUNIS (Reuters) - Libya’s National Oil Corp (NOC) resumed force majeure on all oil exports on Sunday and said the United Arab Emirates was behind the renewed blockade on oil exports.

The eastern-based Libyan National Army (LNA) of Khalifa Haftar, which is backed by the UAE, said on Saturday it was reimposing the six-month blockade after allowing a single tanker to depart loaded with oil from storage.

Reporting By Angus McDowall; Editing by Pravin Char

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