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Monday 23 September 2019 2:12 pm  |  Updated:  Monday 23 September 2019 2:13 pm

Iran ready to release seized UK oil tanker

By: August Graham

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A picture taken on July 21, 2019, shows the British-flagged tanker Stena Impero anchored off the Iranian port city of Bandar Abbas. - Iran warned Sunday that the fate of a UK-flagged tanker it seized in the Gulf depends on an investigation, as Britain said it was considering options in response to the standoff. Authorities impounded the Stena Impero with 23 crew members aboard off the port of Bandar Abbas after the Islamic Revolutionary Guard Corps seized it Friday in the highly sensitive Strait of Hormuz. (Photo by Hasan Shirvani / MIZAN NEWS AGENCY / AFP) (Photo credit should read HASAN SHIRVANI/AFP/Getty Images)

The British tanker which was seized by Iran in July has cleared its legal hurdles and will soon be able to leave, a spokesperson for the Islamic Republic’s government said today.

Stena Impero has jumped through all the legal loops it needed ahead of its release, a spokesperson said. However he did not specify when the ship would be set free.

Read more: Boris Johnson blames Iran for drone attack on Saudi oil

The seizure on 19 July came as retaliation against the UK after Royal Marines boarded an Iranian ship suspected of breaking European sanctions on Syria.

Iran’s Grace 1 tanker was later released. It turned off its GPS tracker 20 days ago between Syria and Cyprus.

“The legal work and administrative procedures for the release of the English tanker have been completed but I have no information on the time of the release,” Ali Rabiei told Iran’s ILNA news agency.

Fars, another news agency, quoted the spokesperson as saying: “The legal work for the oil tanker is over … and the oil tanker can move, and the decisions indicate the end of the detention.”

Read more: US to send troops into Saudi Arabia following oil attacks

Relations have been strained in recent months, culminating last weekend when several drones attacked Saudi oil facilities, knocking out five per cent of global capacity. Prices shot up as much as 20 per cent on the news.

The US and Saudi authorities have said that Iran is to blame for the attack, which it claims came from Houthi fighters in Yemen. This morning UK Prime Minister Boris Johnson said that it is most likely that Tehran was behind the attack.

Read more

As it happened: Stocks fall into red as oil fluctuates over Middle East developments

Large oil tanker navigating a strait under a cloudy sky, impacting oil prices and global trade.

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