Explore

AP News AP News
Oil leak spreads from a sanctioned tanker grounded off Oman, images show

Oil leak spreads from a sanctioned tanker grounded off Oman, images show

Satellite images reviewed by The Associated Press reveal there's crude oil leaking from a sanctioned tanker grounded off Oman's coast
Rapid Read Rapid Read
Sanctioned Oil Tanker Leak Off Oman Threatens Marine Ecosystem

Sanctioned Oil Tanker Leak Off Oman Threatens Marine Ecosystem

A sanctioned oil tanker, the Caroline Bezengi, has been leaking crude oil off the coast of Oman, near a marine protected area. Satellite images show an oil sheen covering approximately 20 square kilometers, with crude oil slicks reaching the shores of Dhofar’s Qibliyah Island. The tanker, sanctioned by the U.K., EU, Canada, and Switzerland for carrying Russian-origin oil, has been grounded since June. Environmental experts warn that the monsoon season could exacerbate the situation, potentially leading to a larger oil disaster. The Omani government has ordered the tanker’s removal, but it remains unclear if the owners have complied.
Reuters Reuters
Oil spill from shadow fleet tanker spreading off Oman, satellite images show

Oil spill from shadow fleet tanker spreading off Oman, satellite images show

By Catherine Cartier and Jonathan Saul BEIRUT/LONDON, July 31 (Reuters) - A sanctions-hit tanker is leaking oil off the coast of Oman and the spill has spread in recent days, increasing concern about possible environmental damage to coastal areas, according to an analysis of satellite imagery and
Rapid Read Rapid Read
Oil Spill from Sanctions-Hit Tanker Raises Environmental Concerns Off Oman

Oil Spill from Sanctions-Hit Tanker Raises Environmental Concerns Off Oman

A tanker, part of Russia's so-called shadow fleet, is leaking oil off the coast of Oman, raising alarms about potential environmental damage. The vessel, Caroline Bezengi, took on Russian oil at the Black Sea port of Novorossiysk and has been leaking oil since encountering difficulties near the Yemeni port of Mukalla. Satellite imagery shows a significant oil slick in the water, and experts warn that the monsoon season could exacerbate the spread of the spill. The tanker is under scrutiny due to its involvement in circumventing Western sanctions on Russian oil exports.
Rapid Read Rapid Read
Oil Spill from Sanctioned Tanker Off Oman Raises Environmental Concerns

Oil Spill from Sanctioned Tanker Off Oman Raises Environmental Concerns

A tanker under Western sanctions, the Caroline Bezengi, is leaking oil off the coast of Oman, with the spill spreading in recent days. Satellite imagery and shipping specialists have confirmed the presence of a dark slick in the water, indicating a breach in the vessel's hull. The tanker, part of Russia's 'shadow fleet' used to circumvent sanctions, took on Russian oil at the Black Sea port of Novorossiysk. The spill poses a threat to the coastal environment, particularly as the region is experiencing monsoon conditions that could exacerbate the spread of the oil.
Reuters Reuters
Oil climbs as traders assess shipping flows; big monthly gain in sight

Oil climbs as traders assess shipping flows; big monthly gain in sight

By Siddharth Cavale and Anushree Mukherjee NEW YORK, July 31 (Reuters) - Oil prices rose on Friday and were on track for a big monthly gain as reports that some tankers were forced to turn around in the Strait of Hormuz prompted traders to reassess shipping flows through the key waterway. 
Rapid Read Rapid Read
Belarus Establishes Humanitarian Corridor for Family Reunification Amid Conflict

Belarus Establishes Humanitarian Corridor for Family Reunification Amid Conflict

Belarus has opened a humanitarian corridor at the 'Novaya Guta' checkpoint on the Belarus-Ukraine border to facilitate family reunifications. This initiative allows ten elderly and mobility-impaired individuals from Russia to join their relatives in Ukraine. Additionally, five people have returned from Ukraine to Belarus, where their families await them. The corridor also enabled four Ukrainian children to reunite with their families, with some heading to Ukraine and others to EU countries. This action reflects Belarus's commitment to maintaining human connections despite ongoing regional conflicts.
Rapid Read Rapid Read
European Commission Imposes New Crypto Sanctions Targeting Russian Circumvention

European Commission Imposes New Crypto Sanctions Targeting Russian Circumvention

The European Commission has introduced its 21st package of sanctions against Russia, which includes a new ban on third-country transactions aimed at preventing the circumvention of sanctions through crypto assets. This package, the largest in four years, targets over 100 banks and crypto asset firms, specifically those supporting the A7 Network’s rouble-backed stablecoin. The sanctions also prohibit Russian nationals from holding board positions in crypto asset services regulated under the Markets in Crypto-Assets (MiCA) regulations. Additionally, transaction bans have been placed on 14 crypto providers across several countries, including Belarus, Georgia, and the UAE. The sanctions extend to oil trading companies and vessels involved in shipping Russian oil, with measures to counteract the 'shadow fleet' that obscures ownership and operation details.
Rapid Read Rapid Read
Boreal Forests' Canopy Crucial in Preventing Permafrost Thaw and Carbon Release

Boreal Forests' Canopy Crucial in Preventing Permafrost Thaw and Carbon Release

A recent study published in Nature Climate Change highlights the critical role of boreal forests in maintaining permafrost stability and preventing carbon release. The research, conducted by an international team from institutions including Humboldt University of Berlin and Vrije Universiteit Amsterdam, reveals that the dense canopies of boreal forests act as natural sunshields. These canopies significantly reduce summer soil thawing by about one meter compared to treeless areas, thereby keeping approximately 59 billion tonnes of carbon frozen in the ground. This discovery underscores a previously overlooked natural service that standard climate models have not accounted for. The study utilized satellite imagery, map data, and computer models to track heat movement between the air, tree leaves, and frozen ground across 16 northern regions.
Trendline Trendline
Increased Government Spending Boosts Profits for UK Defence Firms

Increased Government Spending Boosts Profits for UK Defence Firms

Increased Government Spending Boosts Profits for UK Defence Firms
Reuters Reuters
Oil rises as traders assess shipping flows; monthly gains in sight

Oil rises as traders assess shipping flows; monthly gains in sight

By Anushree Mukherjee July 31 (Reuters) - Oil prices rose on Friday and remained on track for a monthly increase as reports that some tankers were forced to turn around in the Strait of Hormuz prompted traders to reassess shipping flows through the key waterway.
Reuters Reuters
Oil rises over 1% as traders assess shipping flows; monthly gains in sight

Oil rises over 1% as traders assess shipping flows; monthly gains in sight

By Anushree Mukherjee July 31 (Reuters) - Oil prices rose more than 1% on Friday and remained on track for a monthly rise as reports that some tankers were forced to turn around in the Strait of Hormuz prompted traders to reassess shipping flows through the key waterway.