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Ecuadorian court rules Chevron must pay $9 billion for oil pollution

A judge in a small jungle town in Ecuador on Monday ordered Chevron to pay more than $9 billion in damages, finding the energy giant responsible for the oil pollution that has fouled a stretch of land along Ecuador's northern border.

The case, which began in a New York court in 1993, has been closely monitored by the oil industry for precedents that might be set for future lawsuits.

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