General
South Korea to dispatch diplomat for Tehran talks after Iran seizes tanker

South Korea has decided to send a delegation to Iran to seek the release of a tanker seized in Gulf waters by Iranian forces.
Key points:
- The tanker was carrying cargo of more than 7,000 tonnes of ethanol
- Iranian ambassador said all crew members were safe
- China has urged calm and restraint to ease tensions
A senior diplomat will go ahead with a planned visit to Tehran amid tensions over $7 billion in Iranian funds ($215,066) frozen in Korean banks due to US sanctions.
News of the visit came as Seoul’s foreign ministry called in the Iranian ambassador to South Korea for a meeting and urged the early release of the South Korean-flagged tanker and its crew of 20.
The tanker was carrying a cargo of more than 7,000 tonnes of ethanol when it…
-
Business22 hours ago
Silver reaches a 14-year high. Will it outperform the gold price this year?
-
Business23 hours ago
Why Macquarie expects this surging ASX 200 gold stock could leap another 40%
-
Business22 hours ago
3 ASX ETFs for beginners (and experts) to buy and forget
-
General23 hours ago
‘Golden ticket’ visa for the rich fails to pay its way