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  • UK'S HUNT SAYS WILL FACILITATE RELEASE OF GRACE 1 OIL TANKER IF RECEIVES GUARANTEES IT WILL NOT TO SYRIA, AFTER DUE PROCESS IN GIBRALTAR COURTS.

  • LONDON, July 12- Gibraltar police said on Friday that all four crew members of the Iranian Grace 1 tanker have been released on bail without charge after it was detained last week on suspicion of breaking European sanctions by taking oil to Syria. Gibraltar police said earlier on Friday that they had arrested the two second mates from the tanker, a day after the...

  • Gulf of Mexico oil output halved by Storm Barry. *Iran calls on Britain to release seized tanker. Gulf of Mexico crude output was halved by disruptions caused by a tropical storm, but concerns over a global crude surplus in the months ahead limited gains.

  • Acosta, standing next to Trump on the White House lawn, said his handling of the sex abuse case against financier Jeffrey Epstein a decade ago had become a distraction. Trump's White House has had the highest senior-level staff churn rate of the past five presidents, according to figures compiled by the Brookings Institution, a think tank. Sarah Sanders: White...

  • LONDON, July 12- Gibraltar police said on Friday they had arrested the two second mates from the Iranian Grace 1 tanker which was detained last week on suspicion it was breaking European sanctions by taking oil to Syria. On Thursday, the captain and chief officer of the vessel were arrested. "All four men are Indian nationals and they have been granted full legal...

  • ISTANBUL, July 12- Turkey took its first deliveries of the Russian S-400 air defense system on Friday, a development likely to trigger U.S. sanctions on Ankara and escalate tensions between Turkey and its Western partners in the NATO military alliance. Why does Turkey need the Russian defense system? The United States says the Russian missile system is not...

  • LONDON, July 12- Gibraltar took the decision to seize an Iranian tanker last week solely because the ship was in breach of European Union sanctions and not on the request of any other country, the British territory's chief minister said on Friday. The Grace 1 was seized by British Royal Marines off the coast of Gibraltar on suspicion of violating sanctions...

  • DUBAI, July 12- Britain will soon be "slapped in the face" for the capture of an Iranian supertanker last week, Iranian state TV quoted a cleric as saying on Friday, amid heightened tension between Iran and the West in the Gulf. "Iran's strong establishment will soon slap Britain in the face for daring to seize the Iranian oil tanker," cleric Kazem Sedighi told...

  • LONDON, July 12- Gibraltar said its action last week to detain Iranian tanker Grace 1 was a decision it took on its own and not at the behest of any other state or third party, the territory's chief minister said on Friday. "All relevant decisions in respect of this matter were taken only as a direct result of the government of Gibraltar having reasonable grounds to...

  • *Storm Barry hits Gulf of Mexico oil output. LONDON, July 12- Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their output because of a tropical storm and as tensions continued to simmer in the Middle East. OPEC also predicted on Thursday the return of a surplus next year...

  • A ship approaches supertanker Grace 1 off the coast of Gibraltar on July 6, 2019. - Iran demanded on July 5, 2019 that Britain immediately release an oil tanker it has detained in Gibraltar, accusing it of acting at the bidding of the United States.

    Iran called on Britain to immediately release an oil tanker that was seized last week on suspicion it was taking oil to Syria.

  • DUBAI, July 12- Iran called on Britain on Friday to immediately release an oil tanker that British Royal Marines seized last week on suspicion it was breaking European sanctions by taking oil to Syria, a foreign ministry spokesman told state news agency IRNA. Tension between Iran and the West has increased a week after Britain seized the tanker and London said...

  • *Trump vows harsher sanctions on Iran soon. A week after Britain seized an Iranian tanker accused of violating sanctions on Syria, London said the British Heritage, operated by oil company BP, had been approached in the Strait of Hormuz between Iran and the Arabian peninsula. Iran's Foreign Minister Mohammad Javad Zarif dismissed as "worthless" the allegation...

  • *Trump vows harsher sanctions on Iran soon. Iran's Foreign Minister Mohammad Javad Zarif dismissed as "worthless" the allegation that Iran sought to block the ship. The United States and Iran came as close as ever to direct military conflict last month, when Iran shot down a U.S. drone and Trump ordered retaliatory air strikes, only to call them off minutes before...

  • Britain urged Iran to "de-escalate the situation in the region" after the British Heritage, a Suezmax oil tanker operated by BP under an Isle of Man flag, was approached. The incident followed President Donald Trump's warning he would soon "substantially" increase U.S. sanctions on Iran as part of a drive to curb Iran's nuclear program and force Tehran to change its...

  • July 11- Tensions between Iran and the West have escalated since U.S. sanctions on Iranian oil exports took full effect in May and British naval forces seized an Iranian supertanker. May 2- The United States, which withdrew from an international nuclear accord between Iran and global powers in 2018, ends waivers that had allowed some mainly Asian importers to...

  • Iranian soldiers take part in the "National Persian Gulf day" in the Strait of Hormuz, on April 30, 2019.

    Iran's elite Revolutionary Guards rejected on Thursday a U.S. claim that they tried to stop a British tanker in the Gulf a day earlier, the Guards said in a statement carried by the semi-official Fars news agency.

  • Tensions between Iran and the United States and its allies have risen sharply since Washington stepped up economic sanctions against Iran and moved to bring the country's oil exports to zero as part of a "maximum pressure" policy to make Iran halt actions that it said undermined regional security. Several oil tankers were attacked in waters near Iran's...

  • July 10- Tensions between Iran and the West have escalated since U.S. sanctions on Iranian oil exports took full effect and British naval forces seized an Iranian supertanker. May 2- The United States, which withdrew from an international nuclear accord between Iran and global powers in 2018, ends waivers that had allowed some mainly Asian importers to...

  • GENEVA, July 7- An Iranian tanker captured by British Royal Marines in Gibraltar was not headed to Syria, Irans Deputy Foreign Minister Abbas Araqchi said on Sunday in a press conference broadcast live on state TV. Royal Marines seized the tanker on Thursday for trying to take oil to Syria in violation of EU sanctions, a dramatic intervention described as "...