7/21, 1:19 AM (Source: TeleTrader)
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UK to freeze Iranian assets over tanker - report

The United Kingdom is preparing to sanction Tehran after the seizure of the British ship by the Iran's Revolutionary Guard Corps, the Telegraph reported.

Reportedly, Foreign Secretary Jeremy Hunt will present a package of diplomatic and economic measures, including possible asset freezes, in response to the capture of the Stena Impero on Sunday.

London may also push the European Union and the United Nations to reimpose sanctions which were removed following the signing of the Joint Comprehensive Plan of Action in 2015, unfreezing Iranian assets and allowing the country to sell its oil internationally, the news organization said.

Breaking the News / MD