Iran tanker heads toward Greece after being released from detention off Gibraltar

Iranian oil tanker Adrian Darya 1, previously named Grace 1, sits anchored after the supreme court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, on August 18 2019. Picture: REUTERS/JON NAZCAAn Iranian tanker sailed through the Mediterranean towards Greece on Monday after it was released from detention off Gibraltar, and Tehran said that any US move to seize the vessel again would have “heavy consequences”.

Gibraltar, a British overseas territory, lifted the detention order on Thursday but the next day a federal court in the US issued a warrant for the seizure of the tanker, the oil it carries and nearly $1m. “Iran has issued the necessary warnings through official channels, especially the Swiss embassy, to US officials not to commit such an error because it would have heavy consequences,” Mousavi said in remarks broadcast on state television.The Adrian Darya, which was re-flagged to Iran after being de-listed by Panama on May 29, was fully laden and carrying about two-million barrels of oil, Refinitiv data showed. The cargo was valued at tens of millions of dollars.

While EU regulations still allow for companies and citizens in the bloc to engage in trade with Iran, falling foul of US sanctions has meant most banks are unwilling to process even authorised transactions such as for food and medicine, finance sources say. “Until the Iranian oil tanker arrives at its destination the British must help end the crisis,” Heshmatollah Falahatpisheh, a member of parliament's national security and foreign affairs committee, was quoted as saying by the semi-official ISNA news agency.

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