HOUSTON (Reuters) - High winds and large waves expected in the Gulf of Mexico as the first named storm of the Atlantic hurricane season passes to the west are likely to slow efforts to contain the largest oil spill in U.S. history.
As costs associated with the spill mount, shares in London-based energy giant BP Plc are languishing near 14-year lows, prompting the New York Federal Reserve to investigate potential systemic risks posed by the company.
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