A new video of the TS Taipei shipwreck shows the extent of the disaster that is unfolding in northern Taiwan as the vessel continues to break up and spill fuel and containers into the sea.
The ship ran aground March 10 and has been slowly breaking apart, with fears that both ends could capsize at any moment.
The Taiwanese government has been criticized for its slow response to the incident. In a statement March 26, the Environmental Protection Agency blamed heavy weather for hampering salvage and oil pumping operations.
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The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
China’s widening trade surplus with the European Union is fueling fresh concerns that the 27-nation bloc risks becoming a dumping ground for cheap goods in the volatile tariff confrontation between Washington and Beijing.
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