Image Credit: pressfrom.info

After the South-Korean flagged oil tanker seizure by Iranian forces on Monday, South Korea decided to deploy military forces yesterday to the Strait of Hormuz. The oil tanker Hankuk Chemi was travelling from Jubail in Saudi Arabia to Fujairah in the United Arab Emirates (UAE). It was carrying ethanol when than it was captured by Iranian forces in the Strait of Hormuz.

The IRGC navy said that the South Korean oil tanker, Hankuk Chemi was stopped from continuing its travel due to pollution. Iranian forces also boarded the oil tanker and took the tanker to the nearest Iranian port. South Korea immediately released a statement demanding the release of the 20 crewmen and vessel.

The South Korean tanker was stopped in the waters of the Persian Gulf

IRGC navy

The incident occurred soon after South Korea froze Iranian oil money accounts due to US sanctions. Around $7 billion in Iranian cash are being held in South Korean banks. Tensions between South Korea and Iran turned sour soon after freezing Iranian assets. Last month, Iran complained after it failed to withdraw $180 million from South Korean banks to buy vaccines.

It is appalling to see that Korean banks have conveniently neglected their obligations, common international financial agreements, and decided to play politics and follow illegal and unilateral U.S. sanctions.

Governor of Iran’s central bank.

South Korean forces will consist of 300 soldiers, a destroyer and a helicopter. This force is usually deployed for anti-piracy purposes. They will now be deployed in the Strait of Hormuz where they will defend South Korean assets. The South Korean forces arrived yesterday.

Published by truthisacommodity

Residing on the small island of Malta, I have developed a keen interest in foreign politics and science and in bringing truth to my audience by providing daily news! Email: info@whatnownews24.com View all posts by truthisacommodity