Seoul — South Korea is dispatching a delegation to Iran to seek the release of a tanker seized in Gulf waters by Iranian forces, with a senior diplomat set to go ahead with a planned visit Tehran on Sunday amid tensions over $7bn in Iranian funds frozen in South Korean banks due to US sanctions.

News of the visits came as Seoul’s foreign ministry called in the Iranian ambassador to South Korea for a meeting and urged the early release of the South Korean-flagged tanker and its crew of 20. It was carrying a cargo of more than 7,000 tonnes of ethanol when it was seized on Monday over what Iranian media said were pollution violations...

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