South Korea Imports Zero Oil from Iran in September

South Korea imported zero crude oil from Iran in September for the first time in six years. ahead of U.S. sanctions taking effect in November. preliminary data from Korea Customs Service showed on Monday.

The world’s fifth-largest crude buyer imported 10.8 million tonnes of crude last month against 12.3 million tonnes imported a year ago. the data showed.

Final data will be published by state-run Korea National Oil Corp (KNOC) later this month.

About core

Check Also

Goldman Sachs: Huge Spare Capacity Weighs on Oil Prices

Spare oil production capacity at the highest quartile in history is weighing on Brent crude …

Leave a Reply

Your email address will not be published. Required fields are marked *