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Caribbean Threatened By 1.3 Million Barrels Of Oil From Sinking Oil Tanker

From forbes.com

A state of environmental emergency is being called for by fishermen in Trinidad and Tobago over a sinking oil tanker with 1.3 million barrels of oil. If the oil spills, it would threaten the entire Southern Caribbean. At 264 meters in length and a capacity of 1.4 million barrels, the spill would be five times worse than the Exxon Valdez oil spill in Alaska in 1989, which was the worst in history until the 2010 BP Deepwater Horizon. Officials have been criticized for allowing the situation to evolve for three months without taking sufficient action. The Nabarima is a Venezuelan oil tanker but part-operated by Italian ... (full story)

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  • Category: Fundamental Analysis