Baku. Real Jafarli – APA. South Korea, the world’s fifth-largest oil importer, cut crude shipments from Iran by 51 percent in April from a year earlier, customs data show, APA reports quoting Bloomberg.
Purchases last month were 507,821 metric tons, compared with 1.04 million tons a year earlier, according to data on the Korea Customs Service’s website today. The volume was 556,658 tons in March, the figures showed. The April deliveries were equivalent to about 124,000 barrels a day.
South Korea halted imports of Iranian crude in August and September after the start of a European Union ban on insurance coverage for tankers carrying oil from the Persian Gulf nation.
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