Damaging the Oil and the Wine: Revelation 6:6

South Korean diplomat in Iran over seized ship, frozen funds

By AMIR VAHDAT , Associated Press

January 10, 2021 – 8:30 PM

TEHRAN, Iran — A South Korean diplomatic delegation arrived in Iran on Sunday to negotiate the release of a vessel and its crew seized by Iranian forces amid an escalating financial dispute between the countries, Iranian state-run media reported.

The South Korean-flagged tanker seizure by Iran’s Revolutionary Guard in the crucial Strait of Hormuz came as Iranian officials have been pressing South Korea to release some $7 billion in assets tied up in the country’s banks due to American sanctions. It appeared the Islamic Republic was seeking to increase its leverage over Seoul ahead of South Korea’s pre-scheduled regional trip, which included a stop in Qatar.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s