Iran seizes oil tanker associated in U.S. dispute off coastline of Oman

Iran seizes oil tanker associated in U.S. dispute off coastline of Oman


Aerial look at of a tanker.

Bugto | Minute | Getty Images

Iran on Thursday captured an oil tanker earlier associated in a Washington-Tehran dispute above carrying U.S.-sanctioned crude, Iranian condition media mentioned.

The Iranian navy seized the vessel St. Nikolas in the Gulf of Oman, the point out-run Islamic Republic News Agency said in a Google-translated report, following it surrendered Iranian crude to U.S. authorities subsequent allegations of sanctions violations. Iran suggests this forfeiture was truly theft.

Previously Thursday, the U.K. Marine Trade Operations mentioned an unnamed tanker was boarded by armed people today close to the Gulf of Oman and appeared to improve program towards Iranian waters.

The UKMTO documented on social media that an unnamed ship was boarded by 4 or 5 unauthorized men and women early Thursday at 50 nautical miles east of Sohar, Oman. Communication with the vessel was misplaced, and the ship altered class toward Iranian waters, the U.K. company mentioned.

TankerTrackers.com discovered the vessel as the St. Nikolas, previously recognised as the Suez Rajan.

A media spokesperson for Empire Navigation, which manages the St. Nikolas, explained to CNBC that the vessel was en route to the Turkish port Aliaga right after loading crude from the Iraqi Basrah Oil Terminal and was staffed by 18 Philippine and one particular Greek crew associates.

The St. Nikolas has formerly been associated in a dispute among Iran and the U.S.

In Oct, Empire Navigation claimed it had solved a violation of U.S. sanctions with the U.S. Section of Justice, which decided that the vessel, then known as Suez Rajan, loaded sanctioned Iranian oil involving January and February 2022 via a ship-to-ship transfer in the vicinity of Singapore. As part of the fallout, Empire Navigation transported the sanctioned cargo to Houston, where by it could be forfeited to the DOJ.

Thursday’s incident is the newest in a collection of Crimson Sea assaults, with Yemen’s Iran-backed Houthi movement concentrating on professional vessels and compounding the maritime risk of a significant-targeted traffic trade route. The Houthis say they are carrying out their activity in retaliation for Israel’s war in the Gaza Strip.

Tensions in between Washington and Tehran have intensified in the wake of the Israel-Hamas conflict, with U.S. President Joe Biden warning Iran to “be careful” more than any potential interference. Tehran has celebrated Hamas’ terror assault on long-standing rival Israel, but has denied involvement in the situations of Oct. 7.

Oil selling prices are delicate to turmoil in Middle East seas due to the fact of the possibility of offer bottlenecks. The ICE Brent futures contract with March expiry was up $.1.23 per barrel to $78.03 per barrel at 14:00 London time Thursday, although the Nymex WTI deal with February shipping and delivery was higher by $1.25 for each barrel to $72.62 for each barrel.

Don’t skip these stories from CNBC Pro:





Source

European stocks to open higher as traders track Venezuela developments
World

European stocks to open higher as traders track Venezuela developments

One of the helicopters carrying Venezuela’s President Nicolas Maduro and his wife Cilia Flores arrives after they were captured overnight in Venezuela by U.S. forces, at the Westside Heliport in New York City, U.S. January 3, 2026. Jeenah Moon | Reuters LONDON — European stocks are expected to open in mixed territory Monday as global […]

Read More
Who controls Venezuela’s oil now? What Maduro’s arrest means for energy markets
World

Who controls Venezuela’s oil now? What Maduro’s arrest means for energy markets

The oil tanker “Minerva Astra” lies at anchor in Maracaibo, Venezuela, as protester with the Venezuelan flag approaches the vessel Dec. 17, 2002. Andrew Alvarez | Afp | Getty Images The arrest of Nicolás Maduro has thrown one of the world’s most politically fraught oil industries back into focus, forcing investors to reassess who controls […]

Read More
Elon Musk’s Starlink offers free internet access in Venezuela following U.S. airstrikes and Maduro’s arrest
World

Elon Musk’s Starlink offers free internet access in Venezuela following U.S. airstrikes and Maduro’s arrest

SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s Starlink is offering free broadband internet service to users in Venezuela through Feb. 3, following U.S. airstrikes and the capture of ousted leader Nicolas Maduro.  The satellite internet provider said in a release on Sunday that service credits […]

Read More