Alright dear, continue to justify the nigh unjustifiable economics of your decision to alienate your fuel producer, a critical foreign investment opportunity and fight a bitter, bloody war of attrition with another house.
If the UK were to sell arms to Libya, do you -really- think the US would <strike>declare war</strike> (whoops) embargo the UK?
Furthermore, I think we're all aware of the black market.
Both these factors you've ignored in order to justify a ridiculous move that not even the strongest manufacturing-based economy could weather whilst under the strain of bitter war.
Before telling people to roleplay things out, why don't you look around and see if the roleplay you've created is plausible enough for others to want to participate? Looks to me like it caused a whole lot of stuff that someone else thought "It's all bollocks, really. Lets go and solve our problem forever."