Iran hints at oil tanker release

Iran hints at oil tanker release”

However, the detection of Adrian Darya 1 off the coast of Syria, despite assurances that the oil would not be delivered to the Assad regime, could realign the position of Euro-Atlantic partners vis-à-vis Tehran.

It is thought the ship turned off its transponder in the Mediterranean Sea before travelling to Syria.

Iran's nuclear chief, Ali Akbar Salehi, warned on Sunday that European parties to the 2015 nuclear deal have failed to fulfil their commitments, which included relief from economic sanctions in exchange for verifiable denuclearization measures. TankerTrackers, a firm that monitors oil tankers, has seen no evidence that its 2.1m barrels of oil have been discharged.

Also Sunday, a USA official said the United States would continue to impose sanctions on whoever purchased Iran's oil or conducted business with Iran's Revolutionary Guard, and that no oil waivers would be reissued.

Iran's Islamic Revolutionary Guard Corps seized the Stena Impero on July 19 in the Strait of Hormuz with 23 crew members on board, claiming it broke "international maritime rules".

The oil tanker, which the U.S. says is owned by Iran's Islamic Revolutionary Guard Corps (IRGC), was carrying some 2.1 million barrels of light crude oil, worth about $130 million on the open market.

"The Trump administration has been successful at curtailing Iran's exports on an unprecedented scale", according to Gerber, who said Petro-Logistics is able to obtain details on the volumes and crude-type of individual cargoes, as well as on the counter-parties buying them. Last week it released seven of the ship's crew.

A crew member takes pictures with a mobile phone on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019.

The Adrian Darya 1 tanker, the focus of worldwide attention when it was seized near Gibraltar by the United Kingdom military in early July, recently signaled a location near Syria's coast, but has since disappeared from satellite-tracking.

The US has been trying to seize the tanker since it was released by Gibraltar.

Tehran on Saturday detailed its third planned set of steps to reduce its obligations under the deal, saying it could not stay inside the deal unilaterally.

If there's one point on which the companies monitoring Iran agree, it's that the US hasn't yet achieved its goal: oil is still flowing.

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