North Korea obtained two new oil tankers for its smuggling operations last year in evasion of international sanctions, in addition to another vessel in 2019, according to an analysis by the Center for Strategic and International Studies (CSIS).
The Iranian government said Monday that it is "positively" reviewing the release of the seized South Korean oil tanker and its captain detained since early January, an indication that the two sides are nearing an agreement on Iran’s frozen funds.
Iran agreed to release all crew members of a South Korean-flagged oil tanker seized in the Strait of Hormuz last month with the exception of the captain, the two countries’ foreign ministries confirmed Tuesday.
Korean diplomats negotiating the release of a Korean oil tanker left Iran empty-handed Tuesday after disagreeing over frozen Iranian funds and claims of pollution.
Iran seized a South Korean-flagged oil tanker in the Strait of Hormuz Monday amid ongoing tension with Washington and discussions with Seoul over what to do with Tehran’s assets frozen in Korean banks.
It has been found that a Korean intelligence authority reported to the Blue House about suspicious movements of the Iranian military to seize a Korean-flagged tanker now detained in a harbor in Iran. If the South Korean...
Korea dispatched a delegation to Tehran Thursday to negotiate the release of the South Korean-flagged oil tanker seized by Iranian authorities earlier this week, days ahead of a separate visit by Seoul’s No. 2 diplomat to discuss Iran’s frozen assets
Seoul’s Ministry of Foreign Affairs said Wednesday that it is preparing legal action in response to Iran's seizure of a South Korean-flagged oil tanker in the Strait of Hormuz earlier this week.
In an alarming development, a South Korean-flagged tanker was detained in a harbor in Iran after being seized by Iran’s Islamic Revolution Guard Corps (IRGC) earlier this week. Aboard the cargo ship were 20 crew members,...