The OPEC member is suffering a worsening political crisis. Libya’s state oil company suspended shipments from the key eastern port of Ras Lanuf, according to people familiar with the matter, amid a worsening political crisis in the OPEC member. The National Oil Corp. informed trading and shipping firms on Tuesday of force majeure restrictions at the terminal, one of the largest in Libya, the people said. The move came a day after the NOC said it may have to halt exports from the Gulf of Sirte, which includes Ras Lanuf and other ports such as Es Sider, Brega and Zueitina. While it’s unclear is Es Sider will also be placed under force majeure, the production of Waha Oil Co., which uses the terminal, has almost completely shut down. The NOC, which owns Waha Oil, did not immediately respond to a request for comment. The drop in Libya’s supply is […]