IRAN 

Asia-Pacific Refiners Slash Iranian Crude Imports

China’s and Korea’s crude imports from Iran plunged by 33% and 22% respectively in the first quarter, according to customs data. In March Korea imported 155,000 b/d – 40% down on last year. China’s quarterly average fell to 346,183 b/d and it slashed its March imports by half compared to the year before, due to disputes over contract terms. Tokyo’s customs data released on 26 April showed March...