Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Britain accuses Iran of selling Adrian Darya 1 tanker oil to Syria

Published 10/09/2019, 23:09
Updated 10/09/2019, 23:12
Britain accuses Iran of selling Adrian Darya 1 tanker oil to Syria

LONDON (Reuters) - Britain's foreign minister on Tuesday said Iranian tanker Adrian Darya had sold its crude oil to the Assad regime in Syria, breaking assurances it had given not to sell crude to the country.

The vessel, formerly named Grace 1, was seized by British Royal Marine commandos on July 4 on suspicion of being en route to Syria.

Gibraltar released it on Aug. 15 after receiving formal written assurances from Tehran that the ship would not discharge its 2.1 million barrels of oil in Syria.

But Britain's foreign office said in a statement it was clear Iran had breached those assurances and that the oil had been transferred to Syria.

"Iran has shown complete disregard for its own assurances over Adrian Darya 1," foreign minister Dominic Raab said in the statement.

"This sale of oil to (Syrian President Bashar al-Assad's) brutal regime is part of a pattern of behaviour by the Government of Iran designed to disrupt regional security."

The Trump administration last year unilaterally pulled out of a 2015 nuclear deal between Tehran and Western powers, and is pursuing a campaign to bring Iran's exports to zero.

Washington had warned any state against assisting the ship, saying it would consider that support for a terrorist organisation, namely, Iran’s Islamic Revolutionary Guard Corps.

The U.S. State Department on Tuesday stopped short of confirming whether Iran had sold the oil to Assad's regime, but strongly suggested it had.

"As we have warned all along, the Iranian regime has once again reneged on its assurances to the international community about its intentions to transport illicit oil to the murderous Assad regime," a department spokeswoman said.

Brian Hook, the State Department’s top official on Iran, sent emails to the Adrian Darya's captain on Aug. 26, saying the Trump administration was offering him several million dollars to steer the tanker to a country that would impound it on behalf of Washington, a department spokesman confirmed. The emails to the captain, first reported by the Financial Times, were among about a dozen similar communications Hook had with other captains in recent months.

Britain said it had summoned the Iranian ambassador to condemn Iran’s actions and would raise the issue at the United Nations later this month.

"Iran’s actions represent an unacceptable violation of international norms," the statement said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.