A sanctioned Russian oil tanker has grounded in the Suez Canal, blocking one of the world's most critical shipping routes. Engineers are working to free the vessel as trade disruptions mount, with potential losses estimated between $6 billion and $10 billion.
·Russian oil tanker under international sanctions became stuck in the canal
·Blockage halts transit for thousands of ships dependent on the waterway
·Economic impact could reach $10 billion in lost global trade
·Previous Suez blockage by Ever Given lasted six days and caused massive disruption
·Canal authorities mobilizing dredging and tugboat operations to clear the passage
drawn from ABC News - Breaking News, Latest News and Videos, Puente de Mando, Upstream Online, Business Recorder · updated 2d ago