Iran stokes Gulf tensions by seizing two British-linked oil tankers
(The Guardian Business News)

UK ships advised to avoid strait of Hormuz as Jeremy Hunt calls Iranian actions `unacceptable´ Iran seized two oil tankers - one registered in the UK, the other in Liberia - in the strait of Hormuz on Friday, marking a dramatic escalation in the worsening standoff in the Gulf.Iran´s Revolutionary Guards claimed to have taken the British-flagged Stena Impero into port with its 23-strong crew, and Iranian officials claimed it had infringed maritime regulations. Continue reading...