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A leading global exporter of liquefied natural gas (LNG), QatarEnergy, has stopped sending tankers via the Red Sea amid growing uncertainty about the safety of passage on the vital shipping route, Reuters reported on Monday.

Almost half of the 4,800 banks in the US are nearly insolvent, as they have burned through their capital buffers, The Telegraph reported earlier this week, citing a group of banking experts. According to Professor Amit Seru, a banking expert at Stanford University, around half of US lenders are underwater.