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Crude oil worth US$400 million halted by Suez Canal blockage, with at least 6.3 million barrels stranded

Summary:
[unable to retrieve full-text content]The trade of at least US0 million of crude oil as well as liquefied natural gas (LNG), refined fuels and containers full of goods have come to a standstill in one of the world’s key shipping routes, with millions of dollars more at risk after a massive container ship ran aground in the Suez Canal on Tuesday.Frantic efforts are under way to free the 400-metre long, 200,000-tonne Ever Given, one of world’s largest container ships, after it was blown off course by strong winds and blocked the…

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[unable to retrieve full-text content]
The trade of at least US$400 million of crude oil as well as liquefied natural gas (LNG), refined fuels and containers full of goods have come to a standstill in one of the world’s key shipping routes, with millions of dollars more at risk after a massive container ship ran aground in the Suez Canal on Tuesday.Frantic efforts are under way to free the 400-metre long, 200,000-tonne Ever Given, one of world’s largest container ships, after it was blown off course by strong winds and blocked the…

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