Iran Finally Releases Seized S.Korean Tanker As Vienna Talks Start On "Positive Note" | WHAT REALLY HAPPENED

Iran Finally Releases Seized S.Korean Tanker As Vienna Talks Start On "Positive Note"

Iran has finally released a South Korean-flagged tanker that the IRGC had siezed back in January, which developed into a diplomatic standoff over billions of dollars in frozen Iranian funds held in South Korean banks due to US-led sanctions.

While some of the crew of the Hankuk Chemihad had been allowed to leave in February, a dozen along with the captain stayed on in order to conduct maintenance with the hope of eventually being able to sail it home. On Friday South Korea's foreign ministry issued a statement confirming the ship's detention had been lifted and that it "departed safely today".

The month before the Hankuk Chemihad was seized in the Strait of Hormuz with the official charge being that it had "violated rules of pollution", Tehran had mounted protest with Seoul for freezing close to $10 billion in Iranian assets (according to foreign ministry figures), though the governor of the Central Bank of Iran had estimated it at $7BN.

Regardless, the tanker seizure did bring significant leverage and pressure to bear against the South Koreans, and upon Friday's freeing of the tanker the country signaled headway was made. Details have not been released or confirmed, but the Associated Press had the following update:

But an official from South Korea’s Foreign Ministry, speaking on condition of anonymity under regulations, said Seoul’s willingness to resolve the issue of Iranian assets tied up in South Korea "possibly had a positive influence" in Iran’s decision to release the vessel.

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