WASHINGTON (AP) — Sales of existing US homes fall 1.7% as record prices and the highest mortgage rates in a year stifle house hunters.
A British firm starts containment of oil spill from stricken tanker off Oman
BEIRUT (AP) — A British company said Thursday it has been hired to salvage a grounded Russian shadow fleet tanker off Oman's coast and stop an oil spill that is threatening wildlife as it reaches the country's shoreline following its dramatic spread in recent weeks.
Satellite images have shown that oil from the tanker Caroline Bezengi has exponentially spread over hundreds of square kilometers during stormy weather, endangering a marine protected area. The region's “Khareef” monsoon season peaks in July and August.
Ambrey, a UK-based maritime risk and response company, said its personnel boarded the vessel with help from the Omani air force to assess its condition before stabilizing it.
The vessel has been grounded off Qabiliyah Island in southwestern Oman following an explosion of unclear cause in early June. Its cargo previously has been estimated at more than 800,000 barrels.
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