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Indonesia seizes tanker over palm oil export ban violation

JAKARTA (AFP) – The Indonesian Navy has seized a tanker that was carrying palm oil out of the country in violation of an export ban, a spokesman said on Saturday.

Indonesia, the world’s largest producer of palm oil, prohibited its export last week to rein in skyrocketing domestic prices and shortages.

An Indonesian warship intercepted the Singapore-flagged MV Mathu Bhum on Wednesday as it headed for Malaysia, Navy spokesman Agung Prasetiawan said.

More details on Monday’s Borneo Bulletin