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..."There is no U.N. embargo on Libyan oil," a U.N. Security Council diplomat told Reuters on condition of anonymity. "The rebels can sell oil. But they can't do it through the Libyan National Oil Corporation."...
Clearly, the next evolution in UN thinking would be that the "embargo" on arms shipments into Libya only extends to Col Crazy's regime.
Actually, it doesn't really matter what the "official" UN position on arms sales is once the rebels have a source of mega-dollar financing -- one being protected by no-fly zones preventing regime friendly forces from inconveniently flattening rebel oil wells and terminals. Allied ships "enforcing" the "arms embargo" could simply be positioned to allow freighters to ummmm..."slip through the cracks". The Med is big and you can't be everywhere all the time, right? Shit happens sometimes, right? Luck of the draw, one in a million, que sera sera.
If the Colonel has any neurons left firing in his addled brain, this is his wake up call to pack up what remains of his loot and head for the exits.