Oil Tankers: Tanker Attacks and World Powers

oil tankers: Iran denied it was behind the tanker attacks, although it has seized other tankers, according to The Japan Times. Gibraltar Chief Minister Fabian Picardo said the U.S. was still on time to request a new legal procedure for seizing the Grace 1, but that provisions under the European Union's sanctions regulations were ending Thursday after the Iranian government assured him in writing that the ship will not send its 2.1 million barrels of crude to a sanctioned entity in Syria. The release of the Grace 1 comes amid a growing confrontation between Iran and the West after U.S. President Donald Trump pulled Washington out of Tehran's nuclear deal with world powers over a year ago. ; In past weeks, the Persian Gulf region has seen six attacks on oil tankers that the U.S. has blamed on Iran and the downing of a U.S. surveillance drone by Iranian forces. Reacting to the developments, Iranian Foreign Minister Mohammad Javad Zarif accused the U.S. of trying to steal our property on the high seas. It was not clear whether the Grace 1 would sail away immediately; nor was it known what the Trump's administration strategy was. Having failed to accomplish its objectives through its Economic Terrorism including depriving cancer patients of medicine the US attempted to abuse the legal system to steal our property on the high seas, Zarif tweeted, calling the Trump administration's moves a piracy attempt. (news.financializer.com). As reported in the news.