A foreign tanker suspected of smuggling two million litres of fuel has been seized by Iran in the Gulf of Oman, Iranian media reported on Wednesday.
The semi-official Mehr news agency quoted the chief justice of Iran's Hormozgan province as saying the ship was inspected “due to incomplete legal documentation for its cargo”. It was then seized on suspicion of carrying illicit fuel.
Mojtaba Ghahremani said 17 crew members, including the ship's captain, were arrested and a judicial case had been opened by prosecutors. Mehr did not provide any further information on the ship such as its owner or nationality.
Authorities were “collecting evidence to determine the exact volume of the fuel cargo, conducting sampling and laboratory tests, and verifying the vessel’s documentation”, the news agency said.
Iran, which has some of the world's lowest fuel prices due to heavy subsidies, has been fighting fuel smuggling by land to neighbouring countries and by sea to Gulf Arab states.
Last year President Masoud Pezeshkian said there was “no rationality” in fuel prices in Iran because of the subsidies.
The Carnegie Endowment for International Peace, a US-based think tank, last month said in a report that Iran “faces a severe energy crisis due to decades of mismanagement, excessive subsidies, corruption, and international sanctions”.
Mr Ghahremani said on Wednesday there would be no leniency for fuel smugglers.
“The actions of fuel smugglers, who in co-ordination with foreigners attempt to plunder national wealth, will not remain hidden from the judiciary, and punishment of perpetrators, if their crimes are proven, will be without leniency,” he was quoted by Mehr as saying.
The%20specs
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Innotech Profile
Date started: 2013
Founder/CEO: Othman Al Mandhari
Based: Muscat, Oman
Sector: Additive manufacturing, 3D printing technologies
Size: 15 full-time employees
Stage: Seed stage and seeking Series A round of financing
Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now.
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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25-MAN SQUAD
Goalkeepers: Francis Uzoho, Ikechukwu Ezenwa, Daniel Akpeyi
Defenders: Olaoluwa Aina, Abdullahi Shehu, Chidozie Awaziem, William Ekong, Leon Balogun, Kenneth Omeruo, Jamilu Collins, Semi Ajayi
Midfielders: John Obi Mikel, Wilfred Ndidi, Oghenekaro Etebo, John Ogu
Forwards: Ahmed Musa, Victor Osimhen, Moses Simon, Henry Onyekuru, Odion Ighalo, Alexander Iwobi, Samuel Kalu, Paul Onuachu, Kelechi Iheanacho, Samuel Chukwueze
On Standby: Theophilus Afelokhai, Bryan Idowu, Ikouwem Utin, Mikel Agu, Junior Ajayi, Valentine Ozornwafor
UFC%20FIGHT%20NIGHT%3A%20SAUDI%20ARABIA%20RESULTS
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THE SPECS
Engine: 3.5-litre supercharged V6
Power: 416hp at 7,000rpm
Torque: 410Nm at 3,500rpm
Transmission: 6-speed manual
Fuel consumption: 10.2 l/100km
Price: Dh375,000
On sale: now
