The Federal Reserve, already under fire from Congress and finance officials around the world, is now coming under sustained attack by Republican presidential candidates.
The Arab Gulf state also confirmed on Tuesday that it was marketing Libyan crude oil and buying fuel on behalf of the rebels trying to overthrow Muammar Gaddafi, the Libyan leader.
Rebels were able to sell a shipment of 1 million barrels Wednesday but damage to their oil fields has all but halted production.
The assessment, presented in the IEA's latest month oil market report, reaffirms the belief of many in the market that Libya's vital oil industry was all-but-shuttered amid the fighting.
Page 1 of 1