The British oil tanker seized by Iran in July will soon be released, the semi-official Fars news agency reported Sunday.

The Stena Impero and its crew were seized by Iran’s Revolutionary Guard in the Strait of Hormuz for alleged maritime violations just weeks after British forces seized an Iranian oil tanker off the coast of Gibraltar.

Britain accused Iran of trying to sell oil in violation of international sanctions against Tehran. Gibraltar released that tanker last month.

The head of the Swedish company that owns the Stena Impero told Swedish public broadcaster SVT that the tanker may be released within hours.

“We have received information now this morning that it seems like they will release the ship Stena Impero within a few hours. So we understand that the political decision to release the ship has been taken.” Erik Hanell said.

The head of the Ports and Maritime Organization of Iran in Hormozgan Province, Allahmorad Afifipour, told Fars that the the process of allowing the tanker to move into international waters has begun but that a legal case against the ship is still pending.

He did not release any other information about the tanker.