Indian oil ship seized in Iran
The Iranian Revolutionary Guard Corps (IRGC) has detained Indian ship carrying oil in the Persian Gulf.
Sources said the ship, named MT Desh Shanti, was on its way to
India from Iraq when it was detained by the IRGC, Times of India
reported.
The ship is owned by the Shipping Corporation of India. The
development has stunned authorities here as it was transporting oil
from Iraq, a country which has overtaken Iran as the second largest
supplier of crude to India after Saudi Arabia.
The government-owned ship was detained in international waters in
the Persian Gulf before being coerced into entering Iranian waters.
Late Wednesday evening, the ship was on its way to the Bandar Abbas
port, guided by the IRGC.
Sources said Iran claimed to have detained the ship because of
environmental concerns. Tehran authorities conveyed to India that
the ship was polluting Iranian waters.
India has cut crude imports from Iran, a fallout of sanctions
imposed by the US and the EU. The cut, in fact, helped India -
along with China and South Korea - win a waiver from the US
allowing it to continue to import crude from Iran.
In 2012, India is estimated to have imported crude from Iraq worth
more than $15 billion. IOC is the largest importer of crude oil
from Iraq.
In October 2010, Iraq replaced Iran as the country with the third
largest proven reserves of 143.1 billion barrels of oil.
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