U.S. warrant issued for seizure of Iranian ‘Grace-1’

17 August, 2019
Source: Agencies

The U.S. Justice Department issued a warrant Friday for the seizure of the Iranian oil supertanker Grace 1, one day after a Gibraltar judge allowed the release of the detained vessel.

The warrant says the vessel, which remained anchored in the British Mediterranean territory late Friday, and all the oil aboard are subject to forfeiture based on violations of the International Emergency Economic Powers Act, as well as bank fraud, money laundering, and terrorism statutes.

There was no immediate word from Britain or Gibraltar over whether they would act on the warrant, as Iran said it was sending a new crew to pilot the tanker and its 2.1 million barrels of oil.

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