Iranian authorities seize foreign ship in Gulf for smuggling diesel
Revolutionary Guards have detained several ships in the past few months for smuggling fuel in the Gulf
Iran's elite Revolutionary Guards have seized a foreign vessel in the Gulf for allegedly smuggling 757,000 litres of diesel out of the country, the Iranian state news agency IRNA reported on Saturday.
The unnamed vessel's seven crew members, who are foreign nationals, have been handed over to legal authorities, IRNA reported without elaborating on the nationalities of the ship or its crew.
Iran, which has some of the world's cheapest fuel prices due to heavy subsidies and the plunge in value of its national currency, has been fighting rampant fuel smuggling by land to neighbouring countries and by sea to Gulf Arab states.
The Guards have detained several ships in the past few months for smuggling fuel in the Gulf.
SOURCE: REUTERS
Saudi Arabia announces $500mn for Yemen
- a day ago
Petroleum product prices expected to rise by over Rs4 per liter
- a day ago
Pakistan's armed forces measures to secure western borders
- a day ago
Pro Khalistan Rally at US State Department and Indian Embassy
- a day ago
Suspect arrested for defrauding Karachi residents of Rs350mn
- a day ago
Bad Guys Finish First? New Study Reveals Shocking Truth About Successful Entrepreneurs!
- a day ago