‘The move significantly lowers tensions’. A Greek court has overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of Iranian oil on an Iranian-flagged tanker off the Greek coast, Dryad Global’s latest Maritime Security Threat Advisory (MSTA), which was published on June 13, has noted. “The move significantly lowers tensions between Greece and Iran and subsequently lowers the risk to Greek vessels operating within the region, however it remains unclear if the U.S. or Greek governments would challenge the ruling,” Dryad stated in the MSTA. “The reduction in risk is further predicated upon the conditional return of the Iranian cargo,” Dryad added in the MSTA. In a previous edition of its MSTA published on May 30, Dryad Global highlighted that the IRGC detained two Greek flagged oil tankers in the Persian Gulf on May 27 . The incident came against […]