VOL. XL

No. 19

12-May-1997

OIL SANCTIONS

US Oil Firms Join Anti-Sanctions Group AsCongress Considers New Embargoes

Major US oil firms have joined forces with some 440 American companies inestablishing an anti-sanctions coalition. Meanwhile, Congress is going ahead with moves towardsfurther sanctions. A letter has been circulated in the Senate soliciting signatures for aninternational ban on oil sales from Libya, while two congressmen have introduced an amendment to the 1996Anti-Terrorism Law...