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Iran Guards confirm confiscating British tanker in Strait of Hormuz

Web Desk 07:32 PM | 20 Jul, 2019
Iran Guards confirm confiscating British tanker in Strait of Hormuz
TEHRAN - Iran's Revolutionary Guards announced Friday they had confiscated a British tanker in the strategic Strait of Hormuz for breaking "international maritime rules".

The Stena Impero tanker "was confiscated by the Revolutionary Guards at the request of Hormozgan Ports and Maritime Organisation when passing through the strait of Hormuz, for failing to respect international maritime rules," the Guards' official website Sepahnews announced.

The tanker "was led to the shore and handed over to the organisation to go through the legal procedure and required investigations," it said.

Tanker tracking service Marine Traffic showed that the UK-flagged, Swedish-owned Stena Impero last signaled its location near the Island of Larak in the highly sensitive waterway at 9:00 PM local time (1630 GMT).

The UK is "urgently seeking further information and assessing the situation following reports of an incident in the Gulf," a British government spokesperson said.

The announcement came just hours after Gibraltar's Supreme Court announced it would extend by 30 days the detention of an Iranian tanker seized two weeks ago on allegations that it was headed to Syria in violation of sanctions.

British authorities' detention of the Grace 1 supertanker sparked outrage in Tehran, which accused London of doing the bidding of the Washington in action that is "tantamount to maritime banditry".

On Tuesday, Iran's supreme leader, Ayatollah Ali Khamenei, accused the "vicious British" of "piracy" and vowed retaliation.

The Guards also seized another "foreign tanker" on Thursday, believed to be the Panamanian-flagged vessel Riah and its crew, and accused the ship of smuggling Iranian fuel.

Thursday's incident, amid soaring tensions between Iran on one side and the US and its allies on the other, is the latest in a series of events that have raised fears of a regional war in the Gulf.

President Donald Trump insisted Friday that the American military had downed an Iranian drone that was threatening a US naval vessel in the strategic Strait of Hormuz, which Tehran denied.

On Thursday, Trump said the USS Boxer had downed an Iranian drone that threatened the amphibious assault ship as it was entering the Strait.

The alleged incident came after Iran shot down a US drone last month, nearly sparking retaliatory strikes.

The Strait of Hormuz is the conduit for nearly a third of the world's crude oil.

Seized British-flagged tanker anchored off Iran: port authority

A British-flagged tanker seized by Iran is now at anchor off the port of Bandar Abbas with all its crew aboard after colliding with a fishing boat, authorities said on Saturday.

The Swedish-owned Stena Impero "collided with a fishing boat", said Allah-Morad Afifipoor, director-general of the Hormozgan province port and maritime organisation.

"This tanker has 23 crew and they are all on the ship" off Bandar Abbas, he told Fars news agency.

Web Desk
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Daily Pakistan Global Web Desk

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 8, 2023 (Wednesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 275.93 276.69
Euro EUR 296.12 296.74
UK Pound Sterling GBP 331.78 332.48
U.A.E Dirham AED 75.06 75.36
Saudi Riyal SAR 73.48 73.79
Australian Dollar AUD 190.31 192.71
Bahrain Dinar BHD 732.23 740.23
Canadian Dollar CAD 205.22 207.42
China Yuan CNY 40.72 41.12
Danish Krone DKK 39.92 40.32
Hong Kong Dollar HKD 35.08 35.45
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 900.32 909.32
Malaysian Ringgit MYR 64.65 65.25
New Zealand Dollar NZD 174.19 176.18
Norwegians Krone NOK 27.12 27.41
Omani Riyal OMR 715.11 723.11
Qatari Riyal ‎QAR 75.64 76.34
Singapore Dollar SGD 208.03 210.03
Swedish Korona SEK 26.1 26.4
Swiss Franc CHF 297.31 299.81
Thai Bhat THB 8.25 8.4

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs199,500 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs171,040.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 199,500 PKR 2,340
Karachi PKR 199,500 PKR 2,340
Islamabad PKR 199,500 PKR 2,340
Peshawar PKR 199,500 PKR 2,340
Quetta PKR 199,500 PKR 2,340
Sialkot PKR 199,500 PKR 2,340
Attock PKR 199,500 PKR 2,340
Gujranwala PKR 199,500 PKR 2,340
Jehlum PKR 199,500 PKR 2,340
Multan PKR 199,500 PKR 2,340
Bahawalpur PKR 199,500 PKR 2,340
Gujrat PKR 199,500 PKR 2,340
Nawabshah PKR 199,500 PKR 2,340
Chakwal PKR 199,500 PKR 2,340
Hyderabad PKR 199,500 PKR 2,340
Nowshehra PKR 199,500 PKR 2,340
Sargodha PKR 199,500 PKR 2,340
Faisalabad PKR 199,500 PKR 2,340
Mirpur PKR 199,500 PKR 2,340

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