commodities Oman Oil Spill Cleanup Projected to Cost Up to $500 Million Amid Salvage Efforts
A shadow-fleet tanker, the Caroline Bezengi, has grounded off Oman's southern coast, causing a significant oil slick. Maritime risk management firm Marisks CEO Dimitris Maniatis estimates cleanup costs could range from $200 million to $500 million as specialists race to salvage the vessel, according to Bloomberg.
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