In a post on its Twitter account, the South Korean embassy in Iran rejected a
report by Reuters which claimed the country has stopped oil loading in Iran amid
fear of sanctions by the US.
The tweet added that South Korea is involved in negotiation with the US
government to receive an exemption from US sanctions on buying Iranian oil in
line with a waiver it received during previous sanctions., a report by ISNA said
The tweet came after Reuters claimed Seoul will not lift any Iranian crude and
condensate in July.
According to Reuters quoting three sources familiar with the matter, South Korea
will not lift any Iranian crude and condensate in July, halting all shipments
for the first time in six years amid US pressure to cut all imports of Iranian
oil from November.
South Korea is one of Iran’s main customers in Asia along with China and Japan.
"There was pressure from the South Korean government to halt purchases,” said
the sources familiar with Iranian shipping arrangements. "South Korea overall is
lifting zero oil (from Iran) for July loading.”
Source:IFP