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Oct 2, 2024

The battle over $18B of sunken treasure

From the BBC World Service: The San José is being hailed as the most valuable shipwreck in the world — it’s a Spanish galleon which sank in the Caribbean more than 300 years ago. Now there’s a legal battle over who has a claim to the treasure, which is valued at £18 billion. Plus, global oil prices rise amid increasing tension in the Middle East.

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“Wager’s Action off Cartagena” (depicting the moment the San José exploded) by Samuel Scott.
“Wager’s Action off Cartagena” (depicting the moment the San José exploded) by Samuel Scott.
National Maritime Museum, London)

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