U.S. Says Libyan Rebels May Sell Oil
March 29th, 2011Via: Reuters:
The United States on Monday gave a green light to sales of Libyan crude oil from rebel-held territory, giving a potential boost to forces battling Muammar Gaddafi.
A U.S. Treasury Department official said Libyan rebels would not be subject to U.S. sanctions if they avoid entities linked to Gaddafi’s regime, which would allow them to sell oil under their control.
“The rebels are not part of the government of Libya. They are not subject to the sanctions,” the official said.
