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> An Iranian oil tanker that had collided with a Chinese vessel in the East China Sea has sunk. That's according to Chinese State television. The Iranian ship had been ablaze for a week. CCTV says large amounts of oil are now burning in the surrounding waters. Efforts are underway to asses the spread and drift of the oil.

The tanker called the San Chi was carrying to South Korea almost 1 million barrels of condensate and ultralight crude oil. 32 crew members were on board. Two bodies were recovered from the ship on Saturday when a four member salvage team managed to get onboard