South Korea is likely to resume oil imports from Iran as early as next month, a government source said Wednesday. The imports were halted earlier because of a European Union ban on insuring Iranian oil shipments due to Tehran's suspected nuclear program. "The Iranian side and local oil refineries are discussing the measure of using Iranian oil tankers (for the imports)," South Korean news agency (Yonhap) quoted the source as saying. "The discussion is making progress," the source noted. Crude oil imports from Iran have been suspended since the early-July insurance embargo, which is part of the EU's broader sanctions against Iran for its nuclear programs.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor