US Navy denies Sirius Star released

This afternoon, Saudi-owned TV station al-Arabyia reported that the ship had been released, citing official Saudi sources. Owner Saudi Aramco said they had no knowledge of the release. Us Navy denied reports that it had been freed.

The tanker was heading to NuStar's St. Eustatius terminal, but the crude is not theirs -- it would only be stored at their terminal in tankage leased by Saudi. NuStar Energy operates the St. Eustatius Statia Terminals, Netherlands Antilles.

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