U.S. has applied to seize Grace 1 tanker, Gibraltar says
Tweet
Share
E-mail
FILE PHOTO: A small boat sails past Iranian oil tanker Grace 1 as it sits anchored after it was seized in July by British Royal Marines off the coast of the British Mediterranean territory on suspicion of violating sanctions against Syria, in the Strait o
LONDON (Reuters) - The U.S. Department of Justice has applied to seize the Iranian tanker Grace 1, which is being held in Gibraltar on suspicion of smuggling oil to Syria in breach of European Union sanctions, the British overseas territory said on Thursday.
"The U.S. Department of Justice has applied to seize the Grace 1 on a number of allegations which are now being considered," the Gibraltar government said in a statement. "The matter will return to the Supreme Court of Gibraltar at 4 p.m. (1400 GMT) today."
(Reporting by Michael Holden; editing by Kate Holton)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Canada economy rebounds in second quarter, beating Bank of Canada forecast
- Bessent defends yen support, cites US borrowing cost risks
- How much higher can rates go before stocks feel the pain?
Create E-mail Alert Related Categories
General News, Politics, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
