SKorea to resume Iranian oil imports next month
(AP) — South Korea will resume imports of Iranian crude next month within levels that comply with U.S. sanctions, government and industry officials said Tuesday, as the country tries to manage the pain that diminished oil supplies meant for the domestic economy. The resumption will make South Korea the latest Asian country to bypass the European Union's insurance ban on shipments. In July, the EU ban hit the four key Asian markets for Iranian oil, China, India, Japan and South Korea, which were earlier exempted from U.S. government ...
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