• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 7 hours Science: Only correct if it fits the popular narrative
  • 3 hours Crazy Stories From Round The World
  • 2 hours What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 24 hours EU has already lost the Trump vs. EU Trade War
  • 17 hours China's Renewables Boom Hits the Wall
  • 8 hours Do The World's Energy Policies Make Sense?
  • 2 days ''Err ... but Trump ...?'' *sniff
  • 18 hours Forget out-of-date 'dirty oil' smear, Alberta moving to be world's cleanest oil industry
  • 11 hours Impeachment Nonsense
  • 2 days Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 2 days Tesla Launches Faster Third Generation Supercharger
  • 23 hours Water, Trump, and Israel’s National Security
  • 2 days Passerby doused with flammable liquid and set on fire by peaceful protesters
  • 1 hour Who writes this stuff? "Crude Prices Swing Between Gains, Losses"

Breaking News:

Russia Plans To Boost Crude Oil Exports

Iran Says It Sold The Oil Aboard The Tanker Gibraltar Released

Grace 1

Days after the U.S. warned, again, that anyone dealing with the Iranian oil tanker released by Gibraltar would face sanctions, Iran said on Monday that it had sold the crude oil cargo aboard the now notorious tanker.

Iran has sold the cargo aboard the Adrian Darya 1, formerly Grace 1, and doesn’t know where the tanker is headed now, Iranian media quoted Ali Rabiee, a spokesman for the Iranian administration, as saying on Monday.

“The owner of the purchased oil would determine at which coast it (Adrian Darya) will berth. I don’t know its destination,” Rabiee said, replying to a question whether the oil tanker was sailing for Qatar, as carried by the Tasnim News Agency.

Adrian Darya 1, under its former name Grace 1, was detained by the British overseas territory Gibraltar in early July on suspicion of violating the European Union sanctions on Syria. Earlier this month, Gibraltar released the Iranian tanker after Tehran gave assurances its oil cargo wouldn’t go to Syria.

Grace 1, under its new name Adrian Darya 1, left Gibraltar a week ago after the government of Gibraltar said it is unable to seek an Order of the Supreme Court of Gibraltar to provide the restraining assistance tha the U.S. has required to keep the tanker detained.

Adrian Darya 1 was traveling south of Greece last week, before signaling on Saturday that it could be bound for the Turkish port of Mersin, while the U.S. continued to warn that it would go after everyone touching the tanker or the oil aboard.

On Sunday, U.S. National Security Advisor John Bolton tweeted: “All hands on deck in the campaign to stop Iran from funding terror, destabilizing the globe, and breaking international sanctions. The illicit oil heading to Turkey on the Adrian Darya 1 must not be allowed off-loaded in port or at sea.”  

According to Refinitiv Eikon shipping data carried by Reuters, the Adrian Darya 1—currently west of the island of Crete in the Mediterranean—was no longer recorded as bound for Turkey.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play