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Geostrategy

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Iran Guards say released seized Vietnamese tanker

Iran Guards say released seized Vietnamese tanker. AFP
By TRENDS Desk AFP
November 10, 2021 2:28 pm
  • Tanker had been seized last month in the Sea of Oman in a tense incident also involving the US Navy
  • While Iran's Guards claimed they thwarted an attempt by the US ship to seize the MV Sothys carrying Iranian oil, US rejected that account

Iran’s Revolutionary Guards said Wednesday they had released a Vietnamese-flagged oil tanker they seized last month in the Sea of Oman in a tense incident also involving the US Navy.

While Iran’s Guards claimed they thwarted an attempt by the US ship to seize the MV Sothys carrying Iranian oil, US defence officials rejected that account and said that Iran seized the tanker and took it into its territorial waters.

“The seized Sothys oil tanker was released by court order after it was emptied of oil belonging to the Islamic Republic of Iran in Bandar Abbas,” said Sepah News, the official website of the Revolutionary Guards.

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INSEAD Day 4- 300x600
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