Libya Say Losses From Oil Blockade Surpass $4 Billion – The New York Times
Libya Say Losses From Oil Blockade Surpass $4 Billion – The New York Times
Middle East | Libya Say Losses From Oil Blockade Surpass $4 Billion. The National Oil Corporation, which dominates Libya's critical oil industry, said Tuesday the losses from the oil blockade have exceeded $4 billion since Jan. 17.. Libya has the ninth largest known oil reserves in the world and the largest oil reserves in Africa..