British Royal Marines seized an oil tanker in Gibraltar on Thursday accused of b...
A spokesman for British Prime Minister Theresa May welcomed Gibraltar’s move, though the incident could also signal some tensions within Europe.
Iran has long been supplying its allies in Syria with oil despite such sanctions. What is new now is U.S. sanctions on Iran itself. They were imposed last year when President Donald Trump pulled out of an agreement that guaranteed Tehran access to world trade in return for curbs on its nuclear program.
The U.S.-Iranian confrontation has escalated in recent weeks, taking on a military dimension after Washington accused Tehran of attacking tankers in the Gulf and Iran shot down a U.S. drone. Trump ordered air strikes but called them off at the last minute, later saying too many people would have died.
By restricting Iran’s ability to move oil, U.S. sanctions have choked off Tehran’s Syrian allies, causing fuel shortages in government-controlled areas. In May, Syria received its first foreign oil for six months with the arrival of two shipments, one from Iran, a source said at the time. The 300,000-tonne, Panamanian-flagged tanker is registered as being managed by Singapore-based IShips Management Pte Ltd. Reuters was unable to establish contact with them for comment.
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