Iran Would Welcome U.K. Release of Ship With 'Suitable Response'

(Bloomberg) -- Iran suggested it would respond positively if the U.K. reversed its decision to seize a tanker carrying Iranian oil near Gibraltar, President Hassan Rouhani said.

"If they renounce their foul measure in Gibraltar, they will receive suitable response from Iran," Rouhani said in a cabinet meeting, according to his website. Iran “is making efforts to maintain security in the Persian Gulf and Strait of Hormuz as well as other waterways in the world including Bab-el-Mandeb and the Indian Ocean.”

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