South Korea Reports No Iranian Oil Imports in November, Overall Imports Decline

Preliminary statistics from the Korean Customs Service show that South Korea did not import any Iranian crude oil in November, a trend that mirrors the same period last year.

In total, South Korea, the world's fifth-largest crude oil importer, brought in approximately 10.8 million tons of crude oil last month, down from 11.3 million tons in November of the previous year, indicating a slight decline in import volume.

The Korea National Oil Corporation, which oversees energy import monitoring, is expected to release final figures later this month, as these statistics serve as a key reference point within the South Korean oil industry.