A court in Gibraltar ruled on Thursday that the Iranian tanker Grace 1, seized by British Royal Marines on July 4. The Iranian supertanker carrying 2,1 million barrels of oil was suspected of being bound for Syria, violating EU sanctions on the Assad regime.

The decision came after Gibraltar's government received written assurances from Iran that Grace 1 would not deliver its cargo to any country subject to EU sanctions. Upon receiving such assurances, Gibraltar’s first minister, Fabian Picar...

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