Connect with us
  • tg

Stock Markets

Iran seizes oil tanker involved in U.S.-Iran dispute in Gulf of Oman -state media

letizo News

Published

on

Iran seizes oil tanker involved in U.S.-Iran dispute in Gulf of Oman -state media
© Reuters.

By Jana Choukeir, Ahmed Elimam and Robert Harvey

DUBAI (Reuters) -Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the United States, Iranian state media reported, a move likely to stoke regional tensions.

The seizure of the Marshall Islands-flagged St Nikolas coincides with weeks of attacks by Yemen’s Iran-backed Houthi militias targeting Red Sea shipping routes.

“After the theft of Iranian oil by the United States last year, St Nikolas tanker was seized by Iran’s Navy this morning with a judicial order … it is en route to Iranian ports,” the semi-official Fars news agency reported, citing a statement by the Navy.

The St Nikolas, was seized by the United States last year in a sanctions enforcement operation when it sailed under a different name, Suez Rajan. Following the move, Iran warned the U.S. that it would “not go unanswered”.

The St Nikolas was boarded by armed intruders as it sailed close to the Omani city of Sohar, according to British maritime security firm Ambrey, and its AIS tracking system was turned off as it headed in the direction of the Iranian port of Bandar-e-Jask.

“Communication with the oil tanker, St Nikolas, under Marshall Islands flag and owned by the Greek shipowner Empire Navigation has been cut off around 06:30 on Jan. 11 in the waters of Oman,” Turkish oil refiner Tupras told Reuters in an emailed statement, confirming it had bought the cargo from Iraqi state marketer SOMO.

“The incident has no impact on our refinery operations,” the Turkish firm – which operates the 241,500 barrel per day (bpd) capacity Izmir refinery in Aliaga – added.

The ship loaded around 145,000 metric tonnes of oil in the Iraqi port of Basra and was heading to Aliaga in western Turkey via the Suez Canal, Empire Navigation told Reuters, adding that it had lost contact with the vessel.

The vessel is manned by a crew of 19 including 18 Filipino nationals and one Greek national, Empire Navigation said.

While Yemen’s Houthis have since October attacked commercial vessels in the Red Sea to show support for Palestinian militant group Hamas in its fight against Israel, those incidents have been concentrated on the Bab al-Mandab Strait, to the southwest of the Arabian Peninsula.

Thursday’s incident is located closer to the Strait of Hormuz, between Oman and Iran.

The United Kingdom Maritime Trade Operations (UKMTO) authority said earlier on Thursday it had received a report that a vessel located around 50 nautical miles east of Oman’s coast was boarded by four to five armed persons.

The armed intruders were reported to be wearing military-style black uniforms and black masks.

The UK authority, which provides maritime security information, said it was unable to make further contact with the vessel and authorities were still investigating the incident.

The United States Navy’s Fifth Fleet did not immediately respond to a request for comment or further information.

The Suez Rajan was carrying more than 980,000 barrels of Iranian last year when it was seized and the oil confiscated in the U.S. sanctions enforcement operation.

The United States said at the time that Iran’s Islamic Revolutionary Guard Corps (IRGC) had been trying to send contraband Iranian oil to China, in violation of U.S. sanctions.

The vessel was unable to unload the Iranian crude for nearly two and half months over fears of secondary sanctions on vessels used to unload it. It was renamed the St Nikolas after unloading the cargoes.

Stock Markets

Insight Partners closes in on new $10 billion fund, FT reports

letizo News

Published

on

(Reuters) -Private equity firm Insight Partners is on the brink of closing a new $10 billion-plus fund, roughly half the amount originally targeted, the Financial Times reported on Sunday, citing five people with knowledge of its plans.

Insight will not formally close its 13th fund until early next year, the report said, adding that the final figure may be closer to $12 billion.

Insight Partners declined to comment on the report.

The report said Insight is using a private equity-style structure to sell more than $1 billion worth of stakes in start-ups and to free up cash to return to investors.

One of the start-ups is Israeli cybersecurity firm Wiz, which had called off a $23 billion deal with Google parent Alphabet (NASDAQ:) in July, the report said.

New York-based Insight raised $20 billion for its 12th flagship fund in 2022, aiming to ramp up investments in software and technology companies.

Continue Reading

Stock Markets

Houthi missile reaches central Israel for first time, no injuries reported

letizo News

Published

on

JERUSALEM (Reuters) -Prime Minister Benjamin Netanyahu said Israel would inflict a “heavy price” on the Iran-aligned Houthis who control northern Yemen, after they reached central Israel with a missile on Sunday for the first time.

Houthi military spokesman Yahya Sarea said the group struck with a new hypersonic ballistic missile that travelled 2,040 km (1270 miles) in just 11 1/2 minutes.

After initially saying the missile had fallen in an open area, Israel’s military later said it had probably fragmented in the air, and that pieces of interceptors had landed in fields and near a railway station. Nobody was reported hurt.

Air raid sirens had sounded in Tel Aviv and across central Israel moments before the impact at around 6:35 a.m. local time (0335 GMT), sending residents running for shelter. Loud booms were heard.

Reuters saw smoke billowing in an open field in central Israel.

At a weekly cabinet meeting, Netanyahu said the Houthis should have known that Israel would exact a “heavy price” for attacks on Israel.

“Whoever needs a reminder of that is invited to visit the Hodeida port,” Netanyahu said, referring to an Israeli retaliatory air strike against Yemen in July for a Houthi drone that hit Tel Aviv.

The Houthis have fired missiles and drones at Israel repeatedly in what they say is solidarity with the Palestinians, since the Gaza war began with a Hamas attack on Israel in October.

The drone that hit Tel Aviv for the first time in July killed a man and wounded four people. Israeli air strikes in response on Houthi military targets near the port of Hodeidah killed six and wounded 80.

Previously, Houthi missiles have not penetrated deep into Israeli air space, with the only one reported to have hit Israeli territory falling in an open area near the Red Sea port of Eilat in March.

Israel should expect more strikes in the future “as we approach the first anniversary of the Oct. 7 operation, including responding to its aggression on the city of Hodeidah,” Sarea said.

The deputy head of the Houthi’s media office, Nasruddin Amer, said in a post on X on Sunday that the missile had reached Israel after “20 missiles failed to intercept” it, describing it as the “beginning”.

© Reuters. Smoke billows after a missile attack from Yemen in central Israel, September 15, 2024. REUTERS/Ronen Zvulun

The Israeli military also said that 40 projectiles were fired towards Israel from Lebanon on Sunday and were either intercepted or landed in open areas.

“No injuries were reported,” the military said.

Continue Reading

Stock Markets

Eight die in Channel crossing attempt, French authorities say

letizo News

Published

on

PARIS (Reuters) – Eight people have died trying to cross the Channel from France to England, French authorities said on Sunday, confirming earlier media reports.

This latest incident follows the deaths of 12 people earlier this month when their boat capsized in the Channel on its way to Britain and highlights the pressure on the British and French governments to find ways to tackle the boat crossings.

Jacques Billant, the Prefect of the Pas-de-Calais region, said that rescue crews were alerted that a boat with 59 people onboard was in difficulty in waters off the coast of Ambleteuse in the Pas-de-Calais area.

“A new drama took place around one in the morning and we deplore the death of eight people,” he told a news conference, adding that the other 51 onboard were now in the care of rescue and medical crews.

The dead were men from Eritrea, Sudan, Syria, Egypt, Iran and Afghanistan, he added.

The Channel is one of the world’s busiest shipping lanes and currents are strong, which makes crossing on small boats dangerous.

© Reuters. Members of the Gendarmerie patrol at the beach in Ambleteuse, where several people reportedly died trying to cross the Channel from France to England, in Ambleteuse, France, September 15, 2024. REUTERS/Gonzalo Fuentes

The latest incident brings to 46 the number of people who have died trying to cross the Channel from France since the start of the year, Billant said.

On September 14 alone there were eight attempts to cross the Channel from France and some 200 migrants were rescued, he said.

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved