Iran is set to unload about $50 million worth of crude oil from a tanker chartered by Chevron and seized by Iran in the Arab Gulf last year.
Iran is set to unload the crude, worth about $50 million, from a tanker chartered by U.S. supermajor Chevron and seized by Iran in the Arab Gulf last year, according to the semi-official Iranian news agency Fars. The unloading of the tanker now appears to be a tit-for-tat for actions by the United States. In May 2023, Iran’s Navy seized the Marshall Islands-flagged oil tanker Advantage Sweet while it transited international waters in the Gulf of Oman.
In August 2023, a tanker suspected of carrying Iranian crude oil offloaded near Texas on another tanker. The U.S. seized the Suez Rajan tanker in April last year, prompting quick retaliation from Iran, which seized the Chinese-owned, Turkish-operated tanker that was loaded with crude for delivery to Chevron. The Suez Rajan was never officially seized by American forces, the AP recalls.
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