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The vessel, M/T St. Nikolas, was laden with 1 million barrels of Iraqi crude oil destined for Turkiye when it was seized. (File)

Iran releases cargo of oil tanker St. Nikolas, shipping source says

  • The cargo was transferred onto the Turkiye-flagged tanker T. Semahat earlier this week via a ship-to-ship transfer near Iran’s Larak Island
  • Iran seized the tanker in January in retaliation for the confiscation last year of the same vessel and its oil by the US
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