The other oil spill
The Gulf of Mexico isn’t the only region suffering from an oil catastrophe this morning. A seaborne collision involving a Malaysian-registered oil tanker has caused at least 2,000 metric tons of light crude (about 18,000 barrels of oil) to spill into the Straits of Singapore. As one of the world’s busiest sea lanes, the Strait ...
The Gulf of Mexico isn't the only region suffering from an oil catastrophe this morning. A seaborne collision involving a Malaysian-registered oil tanker has caused at least 2,000 metric tons of light crude (about 18,000 barrels of oil) to spill into the Straits of Singapore. As one of the world's busiest sea lanes, the Strait of Singapore -- part of the better-known Strait of Malacca -- helps ferry 50,000 ships a year to and from East Asia, as well as 15 million barrels of oil a day, according to the U.S. Department of Energy.
The Gulf of Mexico isn’t the only region suffering from an oil catastrophe this morning. A seaborne collision involving a Malaysian-registered oil tanker has caused at least 2,000 metric tons of light crude (about 18,000 barrels of oil) to spill into the Straits of Singapore. As one of the world’s busiest sea lanes, the Strait of Singapore — part of the better-known Strait of Malacca — helps ferry 50,000 ships a year to and from East Asia, as well as 15 million barrels of oil a day, according to the U.S. Department of Energy.
Fortunately, it doesn’t seem likely that this incident will trigger the kind of ripple effect on global trade some have predicted, and cleanup is already underway.
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