The cargo was transferred onto the Turkiye-flagged tanker T. Semahat earlier this week via a ship-to-ship transfer near Iran’s Larak Island Iran seized the tanker in January in retaliation for the confiscation last year of the same vessel and its oil by the US ATHENS: Iran has released the oil cargo of a Greek-owned, Marshall-Islands-flagged tanker it seized in the Gulf of Oman earlier this year, a shipping source told Reuters on Thursday. The vessel, M/T St. Nikolas, is still being held by Iran, the source added. It was laden with 1 million barrels of Iraqi crude oil destined for Turkiye when it was seized. “The cargo was released earlier this week after negotiations,” the source said. The cargo was transferred onto the Turkiye-flagged tanker T. Semahat earlier this week via a ship-to-ship transfer near Iran’s Larak Island, said Claire Jungman, chief of staff at US advocacy group United Against Nuclear Iran, which tracks Iran-related tanker traffic via satellite data. T.Semahat’s Turkiye-based operator Ditas, which is majority-owned by Turkish refiner Tupras, was not immediately available for comment. The vessel had the port of Fujairah in the United Arab Emirates as its destination and was sailing away from Iran on Thursday, LSEG shipping data showed. LSEG data also showed T.Semahat had reached Larak Island earlier on July 21 and left that area close to being fully loaded with oil. Iran seized the tanker in January in retaliation for the confiscation last year of the same vessel and its oil by the US, Iranian state media had reported at the time. Iran’s foreign and oil ministries were not immediately available to comment.