Morgan Stanley has ceased trading oil with Libya in response to US sanctions, as concerns grow about the North African country's future ability to export the oil it produces.

A person familiar with the matter said Morgan Stanley had stopped buying Libyan crude oil and refined products due to sanctions announced last month.

The bank has stopped buying Libyan oil products due to sanctions announced last month

The Wall Street Journal

Morgan Stanley

JP Morgan

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Morgan Stanley halts Libyan oil trade

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