Iran says the seizure of its oil tanker by Indonesia is not related to impounding a South Korean vessel by its Revolutionary Guards earlier this month.
A South Korean delegation is headed to Iran to discuss the seizure of a tanker Jan. 4, while reports say Tehran is asking for the release of its funds frozen in South Korean banks.
Iran’s foreign ministry denied that a South Korean delegation visiting Tehran was linked to Iran’s seizure of a Korean-flagged tanker in the Persian Gulf on Monday.
South Korea will send a delegation to Iran to negotiate the release of its oil tanker impounded by the Revolutionary Guards. Seoul has blocked Iran's oil money due to US sanctions.
Iran's IRGC has detained a South Korean tanker it claims violated environmental rules, at a time when Tehran is trying to free its blocked funds in Korean banks.
After President Rouhani announced that Iran will follow up on Iran's frozen money in South Korean banks through international channels, the chairman...
The customs data shows with the new round of U.S sanctions on Iran in November drawing close, South Korea's Iranian oil import has fallen to zero in...