South Korea imports zero oil from Iran in September

Korea National Oil Corp. data shows that it did not import any oil from Iran on September. (Shutterstock)

South Korea imported zero crude oil from Iran in September for the first time in six years, ahead of US 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 tons of crude last month against 12.3 million tons imported a year ago, the data showed.

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


Last Update: Wednesday, 20 May 2020 KSA 09:52 - GMT 06:52