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Federal Agents Seize 500 Pounds Of Cocaine From Oil Tanker
Federal Agents Seize 500 Pounds Of Cocaine From Oil Tanker
U.S. authorities say they stopped a major cocaine shipment allegedly tied to a Mexican cartel after an oil tanker traveling from Ecuador was intercepted near Southern California, according to KTLA5.
Roughly 227 kilograms — about 500 pounds — of cocaine were discovered aboard the Aquatravesia, a Liberian-flagged tanker owned by a Greek company, according to federal prosecutors. Investigators believe the drugs were meant to be transferred to cartel operatives waiting off the Mexican coast.
KTLA writes that the vessel had sailed from...
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While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February.
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