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Friday, March 18, 2011

Libya declares Immediate Cease fire - Crude falls


Libya's foreign minister announces an end to military operations hours after the UN Security Council backs no-fly zone.
Libya has announced it will halt all military operations in the country following a decision by the United Nations Security Council to back a no-fly zone over the country.

The Libyan foreign secretary also said his government was interested in protecting all civilians and foreigners in a statement televised on Friday.

He said Libya was disappointed over the agreement to install a no-fly zone.

Source : http://www.marketwatch.com/story/libyan-government-calls-a-ceasefire-reports-2011-03-18?dist=beforebell