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South Korean oil buyers go to Iran for import resumption talks
A South Korean delegation including oil buyers is expected to head to Iran next week to discuss details of resumption of Iranian oil imports after a three-month hiatus, three well-informed sources said.
South Korea is one of eight countries that have received exemptions from the United States to continue importing Iranian oil for 180 days.
The sources said South Korea could import up to 200,000 barrels per day of Iranian oil, mostly condensate, without violating the economic sanctions that the United States imposed on Iran on November 5.
South Korea is Iran's third-biggest buyer and also the largest importer of condensers before it stopped imports in September ahead of US sanctions.
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