ran Fourth Crude Exporter to South Korea—Despite Sanctions
The Islamic Republic of Iran has been the fourth biggest oil exporter to South Korea.
Irans oil exports to South Korea reached 7.45 million barrels in August making the Islamic Republic as the fourth major crude exporter to the East Asian country. Iran has provided 10 percent of South Koreas oil demands.
In August, South Korea has totally imported 2.44 million barrels of crude oil per day showing 3.9 percent growth over the same period last year.
Saudi Arabia (25.24 million barrels), Kuwait (9.96 million barrels) and United Arab Emirates (8.65 million barrels) have been top three crude exporters to South Korea in August.