SOUTH KOREAN CRUDE IMPORTS FROM IRAN ARE ABOVE PRE-SANCTIONS LEVELS (‘000 B/D)

SOURCE: KOREA CUSTOMS, MEES CALCULATIONS.

 

IRAN HAS MORE THAN DOUBLED ITS SHARE OF THE KOREAN MARKET THIS YEAR. BUT IRAQI VOLUMES ARE ALSO UP, WHILE SAUDI VOLUMES REBOUNDED IN Q2 (% OF TOTAL IMPORTS)