Tag Archives: Islamic Revolutionary Guard Corps

Iran’s national currency. the rial. has kept its value against other currencies. signaling strength in the face of the new rounds of US sanctions against Tehran which were announced on Friday.

The Islamic Revolution Guards Corps (IRGC) captured a vessel in the Persian Gulf for smuggling 250.000 liters of diesel fuel.

The Iranian naval border guards detained several Filipino nationals in the country'.s territorial waters who were smuggling fuel from Iran.

The US had targeted Iran in different sectors.

Iranian Foreign Minister Mohammad Javad Zarif. in a Twitter post. reminded his American counterpart Mike Pompeo that Tehran will keep selling oil to any and all buyers despite all Washington’s pressures through piracy and threats.

The Iranian government is planning to increase the heavily-subsidized price of diesel to make it more realistic and to discourage smugglers who are trafficking the fuel to the neighboring countries.

Gibraltar authorities rejected on Sunday a renewed US request not to release the Iranian oil tanker Grace 1. just three days after the Supreme Court ruled in favour of releasing the vessel seized weeks ago.

Iran'.s ambassador to the UK has confirmed reports that the Iranian oil tanker '.Grace 1.'. has been moving towards international waters.

Iran condemned the seizure of its tanker as piracy.

Deputy Head of Iran'.s Ports and Maritime Organization (PMO) for Maritime Affairs Jalil Eslami announced on Tuesday that the Iranian oil tanker which was seized by the British forces in the Strait of Gibraltar will be freed in the near future.