In a significant move reflecting shifting dynamics in global oil trade, Turkey's Dortyol terminal, a key Mediterranean oil hub, has announced its decision to cease accepting Russian oil imports
Oil Washes Ashore as US Gulf Coast Declares Emergency
Oil has started washing ashore on the US Gulf Coast from a leaking offshore well, the US Coast Guard has said.
Up to 5 000 barrels of oil a day are thought to be spilling into the water after last week's explosion on a BP-operated rig, which then sank, the BBC reported.
A state of emergency has been declared in Louisiana and President Barack Obama has pledged "every single available resource" to help.
The US navy has been deployed to help avert a looming environmental disaster.
The US Coast Guard reported late on Thursday that long, thin traces of crude oil were washing up on the Louisiana shoreline.
Thicker concentrations were a few miles offshore.
The US government has designated the Gulf of Mexico oil spill as an "incident of national significance". This allows it to draw on resources from across the country to deal with the leak.
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