Via Yahoo Finance

SEOUL, June 15 (Reuters) – South Korea did not import crude oil from Iran in May, compared with 758,903 tonnes imported a year ago, preliminary data from Korea Customs Service showed on Saturday.

The world’s fifth-largest crude buyer imported a total 11.3 million tonnes of crude last month against 12.7 million tonnes imported a year ago, the data also showed.

Final data for South Korea’s crude oil imports last month will be published by state-run Korea National Oil Corp (KNOC) later the month. The KNOC data is considered the industry standard for South Korea’s oil imports.

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