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South Korea stops Iranian oil imports in May as sanction waivers end


SEOUL (Reuters) - South Korea halted all imports of Iranian oil in May, customs data showed on Saturday, as waivers on U.S. sanctions against Iran ended at the start of last month.

The world’s fifth-largest crude oil importer was among countries granted six-month waivers by the United States in November last year, and resumed Iranian oil imports from January this year after a four-month hiatus.

The country’s imports of Iranian crude for the January-May period, were 3.87 million tonnes, or 187,179 bpd, compared to 5.45 million tonnes over the same period last year, the customs ...


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