KONTAN.CO.ID - SEOUL. South Korea did not import any oil from Iran in September for the first time in six years, before U.S. sanctions against the Middle East country take effect in November, customs data showed on Monday. The last time South Korea did not import oil from Iran was September 2012, according to customs data. South Korean buyers, among major Asian buyers of Iranian oil, suspended Iranian oil loading from July due to the uncertainty of getting a waiver from the U.S. government.
South Korea's Sept imports of Iran oil fall to zero ahead of U.S. sanctions
KONTAN.CO.ID - SEOUL. South Korea did not import any oil from Iran in September for the first time in six years, before U.S. sanctions against the Middle East country take effect in November, customs data showed on Monday. The last time South Korea did not import oil from Iran was September 2012, according to customs data. South Korean buyers, among major Asian buyers of Iranian oil, suspended Iranian oil loading from July due to the uncertainty of getting a waiver from the U.S. government.