Iranian Oil Tanker
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US grants 30-day waiver for sale of Iranian oil to ease global supply pressure triggered by Iran war
World | Mar 21, 2026, 07:27 AM ISTHe said the Trump administration will lift sanctions on Iranian oil stranded at sea under a one-month license as the White House tries to bring down soaring oil prices. The pause applies to Iranian oil loaded on ships as of Friday and is set to end April 19.
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US issues warrant to seize Iranian oil tanker
World | Aug 17, 2019, 12:29 PM ISTThe Justice Department on Friday said claimed that it can seize Grace 1, and all of the oil on board, based on alleged violations of the International Emergency Economic Powers Act, bank fraud, money laundering, and terrorism statutes.
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India in touch with Gibraltar port for release of 24 Indians
World | Aug 02, 2019, 08:04 AM ISTThe Iranian supertanker Grace 1, said to be carrying 2.1 million barrels of light crude oil, was seized on July 4 in the Strait of Gibraltar as it was suspected of carrying oil to war-torn Syria in violation of EU sanctions.
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Stricken Iranian oil tanker ablaze in East China Sea
News | Jan 13, 2018, 11:32 AM IST
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