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Oil surrounds the site of the Deepwater Horizon oil spill in the Gulf of Mexico. (AP)
President Barack Obama will meet with the leaders of a panel he created to probe the worst oil spill in US history, as a giant slick from BP's blown-out Gulf of Mexico well poses a new threat to the coasts of Mississippi and Alabama.
The spill, which has eclipsed the 1989 Exxon Valdez disaster as the biggest in the US history, entered its 43rd day as BP prepared a new and untested plan to use a dome to funnel oil gushing from a well 1.6 km beneath the sea to a tanker on the surface.
BP's shares sank another 14 per cent yesterday following the failure of its "top kill" attempt to plug the leak on Saturday. The company said the cost of dealing with the spill now totals $990 million (Dh3.63bn).
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