South Korea avoids Iranian oil imports in August
Data from the Korean Customs Service shows that South Korea did not import any shipments of Iranian crude oil in August 2026, reflecting its ongoing refusal to purchase compared to the previous year. Nonetheless, the country imported approximately 12.1 million tons of oil during the month, a slight decrease from 12.5 million tons in the same period last year. The Korea National Oil Corporation will release the final data on August imports later, and this information forms the basis for monitoring South Korea's oil import trends.
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