EO 12538Executive OrderReagan · R

Executive Order 12538

Imports of refined petroleum products from Libya

In simple terms

This executive order bans the importation of refined petroleum products from Libya into the United States and its territories, closing a loophole that allowed Libya to circumvent earlier prohibitions on crude oil imports. The order takes effect immediately but allows a two-day grace period for products already loaded onto vessels.

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Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 50 FR 47527

  3. Grace period ends: petroleum products loaded aboard vessels after this date are prohibited

Key directives

  • Prohibit import of all petroleum products refined in Libya into U.S. and territories
  • Exempt products loaded aboard vessels before two days after effective date
  • Apply prohibition to specified Tariff Schedule item numbers (475.05-475.70)
  • Authorize Treasury Secretary to issue implementing rulings, instructions, and regulations
  • Require Treasury Secretary to consult with Secretaries of State and Energy before issuing regulations

Who is ordered

What to expect

Immediate

  • Import ban takes effect immediately upon signing
  • Petroleum products loaded on vessels before November 17, 1985 exempted

Near term (90d)

  • Secretary of Treasury to issue implementing rulings, instructions, or regulations after consultation with State and Energy

Long term

  • Sustained prohibition on Libyan refined petroleum imports until lifted by subsequent action

Risks & tensions

  • Potential oil market disruption or price effects from reduced supply source
  • Retaliatory measures by Libya against U.S. interests or personnel
  • Enforcement challenges in verifying refining origin of petroleum products
  • Coordination required between Treasury, State, and Energy departments on implementation
Executive Order 12538: Imports of refined petroleum products from Libya · Executive Orders