South Korea’s September Iran Crude Imports at 6-Month High

16 October, 2017
Source: Reuters

South Korea’s imports of Iranian crude oil hit the highest level in six months in September amid Iran’s push to regain its lost market share during years it was under sanctions over its nuclear program.

South Korea shipped in 446,148 bpd of crude oil in September that is a 22.8% increase from a year ago, customs data showed on Sunday.

South Korea’s oil imports from Iran jumped to 377,059 bpd in January-September of 2017 showing 43.1% increase year on year.

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