There is a good chance that the fast money in the oil and stock markets will take fright at any ‘unexpected’ escalation of use of force in Libya beyond the UN no-fly zone in the coming days.
So…
We thought we’d point out ahead of time that there are several provisions in Security Council resolution 1973 that allow for this escalation, with broad implications for infrastructure and rebels’ chances of quickly supplanting Gaddafi.
And thus, implications for the oil price as well:
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