NO. 8



Libya Denies Trading Iraqi Crude Oil

Libya has denied that it possesses any Iraqi crude oil or that it is seekingto market Iraqi oil to Germany in defiance of the UN trade embargo. On 2November, the Federal Ministry of Economy in Bonn warned German oil companies ofthe possibility of Iraqi crude oil being shipped through Libya. The oil inquestion is presumed to have been loaded on Iraqi tankers on or around 2 August,since when the vessels have not been able...