REAGAN MEASURES WILL HALT LIFTINGS OF LIBYAN CRUDE BY US EQUITY HOLDERS

Although in the absence of European participation the overall economic effect on Libya of President Reagan's punitive trade and financial sanctions is not likely to be crushing, it does nevertheless seem that the US measures may cause some significant disruption in the oil market by rendering "homeless" some 300,000 b/d of Libyan crude which was originally programmed for lifting by US equity holding...