In the latest escalation in the Persian Gulf region, Iran’s Islamic Revolutionary Guard reportedly captured a British-flagged oil tanker in the Strait of Hormuz on 19 July, the same day that the Gibraltar government renewed the detention of an Iranian supertanker seized by British Royal Marines earlier in July, under the suspicion that it was violating EU sanctions by carrying crude oil intended for Tehran’s staunch ally, the Syrian government.

“This is a quite obvious tit-for-tat and we have...


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