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TEHRAN, Jul. 08 (MNA) – Iranian Foreign Minister Zarif questioned the legalities of the UK seizure of an Iran-operated oil tanker, saying Iran is not subject to any European oil embargo and EU is against extraterritoriality. “Iran is neither a member of the EU nor subject to any European oil embargo. Last I checked, EU […]
TEHRAN, Jul. 08 (MNA) – Iranian Foreign Minister Zarif questioned the legalities of the UK seizure of an Iran-operated oil tanker, saying Iran is not subject to any European oil embargo and EU is against extraterritoriality.
“Iran is neither a member of the EU nor subject to any European oil embargo. Last I checked, EU was against extraterritoriality. UK’s unlawful seizure of a tanker with Iranian oil on behalf of #B_Team is piracy, pure and simple. It sets a dangerous precedent and must end now,” wrote Zarif in a tweet on Monday.
The same sentiment was shared by Co-Chair of European Council on Foreign Relations, Carl Bildt, whose tweet was seconded by Zarif.
In the tweet, Bildt wrote that “The legalities of the UK seizure of a tanker heading for Syria with oil from Iran intrigues me. One refers to EU sanctions against Syria, but Iran is not a member of EU. And EU as a principle doesn’t impose its sanctions on others. That’s what the US does.”
On early Thursday morning, British Royal Marines in Gibraltar stormed an Iran-operated 300,000-tonne Grace 1 supertanker and detained it, accusing it of carrying oil to Syria in possible violation of the European Union’s sanctions on the war-torn Arab country.
Iran has condemned the move as “piracy” and summoned Britain’s ambassador in protest over it.
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Iran’s Minister of Transport and Urban Development has announced that the government plans to connect the Chabahar port in southeastern Iran to the country’s railway network through the city of Zahedan by the end of the current Iranian year ( late March 2025).
The secretary of Iran’s Supreme Council of Free Industrial-Trade and Special Economic Zones said sea passenger lines are planned to be launched from Qeshm and Kish islands to the Sultanate of Oman and Dubai in the United Arab Emirates (UAE).
The Bank for International Settlements (BIS) put Iran’s total deposits with foreign banks and financial institutions at more than $13 billion.
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