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Iran frees South Korean ship and captain three months later The ship and captain have been released following assurances of help in freeing Iran’s frozen assets.
According to the South Korean Foreign Ministry, the South Korean ship and its captain, which have been in Iranian custody since January, have been released.
According to South Korean officials, the move came on the heels of South Korea’s assurances of help freeing frozen Iranian assets.
Billions of dollars in Iranian assets are frozen in South Korean banks under US sanctions.
Iranian authorities seized an oil tanker in January on charges of environmental pollution while the oil tanker was en route from Saudi Arabia to the United Arab Emirates near the Strait of Hormuz.
