[NEW DELHI] Iran has released nine Indian mariners it had held after seizing a foreign tanker that it claimed was smuggling Iranian oil, the Indian Foreign Ministry said Friday. Read more at The Business Times.
[NEW DELHI] Iran has released nine Indian mariners it had held after seizing a foreign tanker that it claimed was smuggling Iranian oil, the Indian Foreign Ministry said Friday.
With a simmering conflict pitting Iran against the United States and its gulf allies, the Emirates and Saudi Arabia, the seizure was one of several recent incidents demonstrating how vulnerable that oil flow is to disruption. Iran has also impounded a British tanker, apparently in retaliation for Britain detaining an Iranian tanker at Gibraltar, leading to talk of a potential swap.
Analysts said that Iran has been willing to be confrontational with the Emiratis, but it has ample incentives not to aggravate its usually cordial relations with India. "Indo-Iranian relations are on the surface fine, but beneath it there are a number of challenges," said Harsh V Pant, the head of strategic studies at the Observer Research Foundation, an Indian think tank, and a professor of international relations at King's College London.
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