Iran seizes ship smuggling over 380,000 litres of fuel in Gulf, state media reports

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Iranian border guards have seized a vessel with 382,000 litres of smuggled fuel in the northern Gulf and arrested its foreign crew of 11, Reuters reports citing state broadcaster IRIB, without giving the nationalities of those detained.

Iran, which has some of the world’s lowest fuel prices due to heavy subsidies and a sharp fall in the value of its national currency, has been seeking to curb widespread fuel smuggling by land to neighbouring countries and by sea to Gulf states.

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