An oil tanker transports crude oil to export markets in the Gulf, Iran. (Bloomberg)

July 14, 2020

South Korea imports no Iran crude oil for June and a year ago, preliminary data from Korea Customs Service showed on Wednesday. The world’s fifth-largest crude buyer imported a total 10 million tonnes of crude last month against 11.5 million tonnes imported a year ago, the data also showed.

Final data for South Korea’s crude oil imports last month will be published by state-run Korea National Oil Corp (KNOC) later the month. The KNOC data is considered the industry standard for South Korea’s oil imports.

Reuters

About Track Persia

Track PersiaTrack Persia is a Platform run by dedicated analysts who spend much of their time researching the Middle East, in due process we fall upon many indications of growing expansionary ambitions on the part of Iran in the MENA region and the wider Islamic world. These ambitions commonly increase tensions and undermine stability.