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File photo: A speedboat of the Iran’s Revolutionary Guard sails around a British-flagged oil tanker Stena Impero, at rear, which was seized in the Strait of Hormuz Image Credit: AP

TEHRAN: Iran seized a boat and arrested 12 Filipinos as it busted a "fuel-smuggling ring" in the Strait of Hormuz on Saturday, the semi-official news agency ISNA reported.

"A foreign tugboat was confiscated as well as 283,900 litres (75,000 gallons) of petrol worth 233.71 billion rials ($20.2 million)," ISNA said, citing the coast guard chief in the southern province of Hormozgan.