Gibraltar Releases Iranian Tanker Grace 1

Gibraltar has released the Iranian tanker Grace 1, according to the Gibraltar Chronicle.

"Authorities in Gibraltar have released the Iranian supertanker Grace 1, which was seized on July 4 on suspicion it was shipping 2.1 million barrels of crude oil to Syria in breach of EU sanctions," the newspaper said.

The chief justice of Gibraltar's supreme court, Anthony Dudley, said there was no U.S. application currently before the court.

A spokesman for the Stena Impero tanker, seized by Iran last month, said the situation remained the same with the Stena Impero and that the company awaited further developments from the United Kingdom and Iran.

(Reporting by Guy Faulconbridge and Kate Holton; editing by Michael Holden)