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UPDATED: Iran says UK may release Grace 1 oil tanker

Iran's state TV station says that documents have been exchanged with the UK that could pave the way for the release of the very large crude carrier Grace 1, which was detained off the coast of Gibraltar last month. Grace 1 was detained on account of breaching EU sanctions, which was denied by Iran

The IRNA news agency, citing the deputy head of Iran’s ports and maritime organisation, Jalil Eslami, said Britain was interested in releasing the vessel after the documents were exchanged

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