Wednesday, 16 October 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Report: Iran to Release Seized British Tanker
Monday, 23 September 2019 17:00 WIB | GLOBAL |Global

The British oil tanker seized by Iran in July will soon be released, the semi-official Fars news agency reported Sunday.

The Stena Impero and its crew were seized by Iran's Revolutionary Guard in the Strait of Hormuz for alleged maritime violations just weeks after British forces seized an Iranian oil tanker off the coast of Gibraltar.

Britain accused Iran of trying to sell oil in violation of international sanctions against Tehran. Gibraltar released that tanker last month.

The head of the Swedish company that owns the Stena Impero told Swedish public broadcaster SVT that the tanker may be released within hours.

œWe have received information now this morning that it seems like they will release the ship Stena Impero within a few hours. So we understand that the political decision to release the ship has been taken. Erik Hanell said.

The head of the Ports and Maritime Organization of Iran in Hormozgan Province, Allahmorad Afifipour, told Fars that the the process of allowing the tanker to move into international waters has begun but that a legal case against the ship is still pending.

He did not release any other information about the tanker.

Source : VOA

RELATED NEWS
Erdogan Remains Defiant in Face of US Sanctions...
Wednesday, 16 October 2019 10:56 WIB

U.S. sanctions on Turkey over its Syrian military offensive are being dismissed by the political leadership in Ankara, as financial markets shrug off the measures. Sanctions were announced against Tu...

Russia's Putin Seeks to Enhance Ties With US-Allied UAE...
Tuesday, 15 October 2019 23:42 WIB

Russian President Vladimir Putin visited the United Arab Emirates on Tuesday, as part of a Mideast tour aimed at strengthening ties between Moscow and this longtime U.S. ally amid tensions in the wide...

US Ambassador: N. Korea Asked for 'Everything' While Offering Nothing...
Tuesday, 15 October 2019 18:32 WIB

North Korea is demanding that the U.S. œdo everything before Pyongyang makes any concessions, Harry Harris, the U.S. Ambassador to South Korea, said in an interview published Monday. Harris™ c...

Russia Turns the Screws on Internet Freedom...
Tuesday, 15 October 2019 10:57 WIB

New legislation likely to be introduced next month in Russia's Duma, or lower chamber of parliament, would see tighter restrictions on the internet and on computers, tablets and other devices used to ...

Trump: US Will Impose 'Big Sanctions' Against Turkey for Onslaught on Kurds...
Monday, 14 October 2019 23:42 WIB

U.S. President Donald Trump on Monday promised "big sanctions" against Turkey for its invasion into northern Syria against Kurdish fighters, but again defended his withdrawal of American troops who ha...

LATEST NEWS
Erdogan Remains Defiant in Face of US Sanctions

U.S. sanctions on Turkey over its Syrian military offensive are being dismissed by the political leadership in Ankara, as financial markets shrug off the measures. Sanctions were announced against Turkish officials on Monday as negotiations on a...

Nikkei climbs to 10-month high on weaker yen; chip-related stocks shine

Japanese shares rallied to more than 10-month highs on Wednesday as a weaker yen lifted blue-chip exporters, while chip-related stocks advanced, taking their cue from Wall Street peers. The benchmark Nikkei average rose as much as 1.8% to...

Oil Holds Two Days of Losses as Demand Outlook Deteriorates

Oil held two days of losses as a worsening demand outlook was compounded by signs it will be difficult for the U.S. and China to reach even a limited trade deal. Futures in New York edged higher after dropping 3.5% over the previous two sessions....

POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries
Tuesday, 15 October 2019 03:33 WIB

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season
Wednesday, 16 October 2019 03:44 WIB

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as...

Gold Edge Higher on Trade Optimism; Palladium at Record
Monday, 14 October 2019 16:23 WIB

Gold holds below its 50-day moving average after dropping last week on U.S.-China trade optimism. Palladium hit a fresh record. Spot...

Gold edges lower as market participants weigh trade deal, earnings season
Tuesday, 15 October 2019 21:08 WIB

Gold traded lower on Tuesday as market participants awaited clarity on U.S.-China trade talks and as earnings season starts on a positive...