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Yikes, doesn’t look good. I saw the following headline from Reuters, Iranian tanker collides with Chinese ship, spills oil

While the body of the story is essentially the same, fire and all crew missing , the headline downplayed it a bit.

[caww]

carrying 136,000 tonnes of condensate, an ultra light crude.

That is equivalent to just under 1 million barrels,

worth about $60 million, based on global crude oil prices.