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Karl hits Mexico and weakens to tropical storm

VERACRUZ, Mexico (Reuters) - Karl hit Mexico's central Gulf Coast Friday, threatening to cause flash floods and mudslides, but the hurricane weakened as it moved inland and became a tropical storm.

VERACRUZ, Mexico (Reuters) - Karl hit Mexico's central Gulf Coast Friday, threatening to cause flash floods and mudslides, but the hurricane weakened as it moved inland and became a tropical storm.

The storm appeared to have spared Mexican oil operations from major damage after sweeping through the Bay of Campeche, where Mexico produces more than two-thirds of its 2.55 million barrels per day of crude output.

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