BREAKING NEWS

Iran releases cargo of oil tanker St Nikolas, shipping source says

The oil cargo of the M/T St. Nikolas tanker, which was seized by Iran in the Gulf of Oman earlier this year, has been released, a shipping source told Reuters.

The Marshall-islands flagged, Greek-owned vessel, which was laden with 1 million barrels of Iraqi crude oil, is still being held by Iran, the source added.