Indonesia to auction off seized Iranian-flagged oil tanker and cargo
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Indonesia's Attorney General's Office announced it will auction the seized Iranian-flagged supertanker MT Arman 114 on January 30 for 1.17 trillion rupiah ($69.01 million). The vessel, over 300m long, was seized in 2023 for allegedly illegally transferring crude oil. The auction includes nearly 170,000 metric tons of light crude oil. Iran has denied ownership of the tanker.
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