According to the preliminary customs data, South Korea decreased its imports of crude oil from Iran by 50 percent between February 2014 and February 2015.
Tag: South Korea
First Alaskan Crude in a Decade Headed for South Korea
The first American export of Alaskan crude oil is heading for South Korea for the first time in more than ten years. The tanker set
India to Pay Iran $1.65 Billion USD in Oil Dues
India is going to pay Iran about 1.65 billion USD in past dues for the oil that New Delhi bought through the central bank of
Asia Buys US Ultra-Light Oil for First Time in 40 Years
Japan and South Korea have bought the first ultra-light oil from the United States after Washington eased the 40-year-old ban on trading US crude oil
Phosphate Main Economic Resource in a Small Pacific Island
The Republic of Nauru is one of the most interesting Islands in the South Pacific. Its economy depends heavily on phosphate which is the only