The prime minister of Trinidad and Tobago has declared a “national emergency” following a large offshore oil spill in the eastern Caribbean. 

• The oil spill was caused when a vessel overturned near Tobago last week, with the cause of the accident still under investigation, with the country’s disaster authorities saying the coastline had been “blackened”.
• Authorities have said that the leak had not been contained still as of early Monday afternoon ET. Despite thousands of volunteers, the situation was still not under control, according to authorities. 
• The economy of Trinidad and Tobago relies heavily on tourism, and analysts are concerned the oil spill could heavily impact the balance sheet.