A South Korean delegation is heading to Iran on Wednesday to seek the release of a chemicals tanker and its 20-member crew seized in Gulf waters by Iranian forces, Yonhap news agency reported.
Iran denied on Tuesday it was using the ship and its crew as hostages, a day after it seized the tanker near the Strait of Hormuz while pressing a demand for Seoul to release $7 billion in funds frozen under U.S. sanctions.
The seizure of the MT Hankuk Chemi has been seen as an attempt by Tehran to assert its demands, just two weeks before President-elect Joe Biden takes office in the United States. Iran wants Biden to lift sanctions that were imposed by outgoing President Donald Trump.