Sunday, October 6, 2024

Oil Tanker Held by Iran for Over a Year Heads Toward International Waters, Tracking Data Shows

Published:

, United Arab Emirates — An oil tanker held by Iran for over a year after being seized amid tensions between Tehran and the U.S. was sailing Thursday toward international waters, tracking data showed.

The Marshall Islands-flagged tanker Advantage Sweet traveled toward the Strait of Hormuz, where it was seized in April 2023 by Iran’s navy while carrying $50 million worth of oil from for Chevron Corp. That’s according to tracking data analyzed by The Associated Press, which also listed the vessel’s destination at Khor Fakkan in the United Arab Emirates, which has been the first port of call for other vessels leaving Iranian detention.

Iran did not acknowledge the ship’s departure. It came after an Iranian court on Thursday ordered the U.S. government to pay over $6.7 billion in compensation over a Swedish company stopping its supply of special dressings and bandages for those afflicted by a rare skin disorder after imposed sanctions on the Islamic Republic.

Iran’s government initially said it seized the Advantage Sweet because it hit another vessel, something not supported by any evidence. Then Iranian officials linked the Advantage Sweet’s seizure to the court case that was decided Thursday.

A report by the state-run news agency described the $6.7 billion order as being filed on behalf of 300 plaintiffs, including family members of victims and those physically and emotionally damaged. IRNA said about 20…

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