Sunday, October 22nd | 2 Heshvan 5778

Close

Be in the know!

Get our exclusive daily news briefing.

Subscribe
February 23, 2013 11:00 am

South Korea Drops Iran Oil Imports

avatar by News Editor

Email a copy of "South Korea Drops Iran Oil Imports" to a friend

Iranian tanker. Photo: wiki commons.

WSJ – SEOUL—South Korea imported 5.896 million barrels of Iranian crude oil in January, a 16.1% drop from a year earlier, preliminary data from the state-run Korea National Oil Corp. showed Friday.

Monthly crude imports from the Islamic Republic will likely continue to record on-year declines over the next few months as South Korea wants to extend an exemption from full compliance with U.S. sanctions targeting Tehran’s oil exports.

Read full story.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner

Algemeiner.com