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U.S. Seizure of Russian-Flagged Tanker Heightens Global Tensions

The ship, currently between Iceland and the British Isles, has been accused of breaking US sanctions and shipping Iranian oil. It has historically transported Venezuelan crude oil. The United States has seized a Russian‑flagged oil tanker linked to Venezuela after a prolonged pursuit across the Atlantic, marking one of the most assertive enforcement actions under Washington’s sanctions program. The vessel, previously known as Bella‑1 and later renamed Marinera , was intercepted after evading an earlier boarding attempt near Venezuelan waters. U.S. military aircraft and naval units tracked the ship for weeks as it traveled across the Atlantic, at times shadowed by Russian naval vessels. Officials say the tanker was part of a network used to transport sanctioned Venezuelan and Russian oil. Its capture underscores Washington’s efforts to disrupt what it describes as illicit energy shipments that help sustain both governments. The operation comes at a delicate geopolitical moment, wit...

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TSX and US Markets Rise Ahead of Earnings and Interest Rate Meetings

 


The Toronto Stock Exchange (TSX) and the US markets both posted gains on Monday, January 29, 2024, ahead of earnings and interest rate meetings. The S&P/TSX composite index closed up 74.78 points at 21,200.06. The Dow Jones Industrial Average was up 224.02 points at 38,186.08. The markets picked up steam in the afternoon as Treasury yields fell.


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