FNA - Iranian Foreign Ministry Spokesman Seyed Abbas Mousavi blasted South Korea for blocking Iran's assets, stressing that Tehran is waiting for Seoul's tangible moves to return the funds. Mousavi said on Wednesday that Iran has had enough of various promises made in South Korea about returning the funds that have been illegally blocked by two ...

Tasnim The spokesperson for Irans Foreign Ministry advised South Korea to demonstrate its independence by unfreezing Irans financial resources without being influenced by third parties. Iranian officials in Tehran, in Seoul and in all meetings with the South Korean authorities at all levels have made it clear that South Koreas refusal to pay debts ...

MNA - Deputy chairman of the Parliament National Security and Foreign Policy Committee Abbas Moghtadaei urged South Korea to pay Iran's 7-billion-dollar debt as soon as possible. Addressing the lawmakers at the open session of the Parliament on Wednesday, he underlined that if South Korea does not fulfill the obligation, the Parliament will start ...

IRNA A former official at the Ministry of Foreign Affairs said that the current behavior of South Koreans will affect future ties with Iran and their return to Iranian market will not be easy. Irans future priority will be those countries that did not leave Iran alone in hard times. Jalal Sadatian, the former director-general of Iranian Foreign ...

Tasnim Irans Foreign Ministry spokesman said Tehran may lodge a complaint against South Korea in case Seoul refuses to pay off its oil debts after all diplomatic efforts. Speaking to Tasnim in Irans northwestern city of Ardabil, Seyed Abbas Mousavi said if diplomacy does not yield results and South Korea continues to obey the US policies, Iran ...

MNA Iranian Parliaments Vice-Speaker lambasted the South Korean government for freezing of Irans oil revenues under the US pressure. In comments on Friday, Amir-Hossein Qazizadeh Hashemi described Seouls continuation of freezing Irans funds in the countrys banks as unethical and illegal. He said it is a source of regret and surprise that the ...

Reuters - South Korea imports no Iran crude oil for June and a year ago, preliminary data from Korea Customs Service showed on Wednesday. The worlds fifth-largest crude buyer imported a total 10 million tonnes of crude last month against 11.5 million tonnes imported a year ago, the data also showed. Final data for South Koreas crude oil imports ...

MNA South Korean diplomatic sources said Monday the Iranian foreign ministry summoned the country's Ambassador to Tehran Ryu Jeong-hyun in November and lodged a complaint over Seoul's delayed payment for crude oil and condensate oil worth 7 trillion won ($5.97 billion). Seoul has been purchasing oil from Tehran in Korean currency, as part of efforts ...

Bloomberg - Irans Foreign Ministry called in the South Korean ambassador last month to demand payment of 7 trillion won ($6 billion) for oil it sold to the Asian country, Chosun Ilbo reported, citing officials it didnt identify. Iran expressed strong regret over Seouls failure to complete the payment, which has been deposited at two South Korean ...

Reuters - South Koreas crude oil imports from the United States more than doubled in September, while its imports of Iranian oil remained zero for a fifth month in a row due to U.S. sanctions, customs data showed on Tuesday. U.S. crude oil imports were 1.62 million tonnes in September, or 395,190 barrels per day (bpd), compared with 668,704 tonnes ...

Reuters - South Korean government officials are expected to press for extending a sanctions waiver on Irans petroleum exports that expires in May on a visit to Washington this week. South Koreas Deputy Foreign Minister for Economic Affairs Yoon Kang-hyun and other leaders will meet with U.S. State Department officials on Wednesday and Thursday to ...

MNA South Korea's imports of Iranian crude oil more than quadrupled in February from a month ago, nearing a level before US sanctions on Tehran. According to South Korean news agency Yonhap, Seoul imported US$476 million worth of crude from Tehran last month. The figure, obtained from the data from the Korea Customs Service, is more than four ...

Korea Times - South Korean companies imported US$101.2 million worth of Iranian crude last month, the first such move in five months, data showed Tuesday. The January figure represents less than one-fifth of $539 million, the average monthly Iranian crude oil imports for the first seven months of 2018, according to the data from the Korea Customs ...

IRNA South Korean oil refining companies have resumed importing crude oil from Iran, wrote Korean media. 'Iranian crude oil export to South Korea has been resumed in six months after the US economic sanctions [on Iran],' wrote 'Business Korea' on Wednesday. 'An oil tanker carrying one million barrels of Iranian crude oil arrived at the Port ...

Reuters - South Korea did not import any Iranian oil for the third straight month in November, customs data showed on Saturday, even though it has a waiver from sanctions targeting crude supplies from the Middle Eastern country. South Korea and seven other countries were in early November granted temporary waivers from U.S. sanctions that kicked ...

Reuters - With supply from major producer Iran uncertain, big condensate user South Korea is scouring the world for alternative sources of this key ingredient in its large chemical industry to avert shortages - a process that is proving to be costly for buyers. Condensate, a type of ultra-light crude oil, is a feedstock for South Koreas petrochemical ...

Reuters | Osamu Tsukimori,Jane Chung: Refiners in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from U.S. sanctions on Tehran, sources familiar with the matter said. The unexpected resurgence in Iranian oil imports due to the waivers has helped push spot prices for Middle East crude and condensate ...

Tehran Times - South Korea has received a waiver from the U.S. to continue importing Iranian crude oil, Bloomberg reported quoting a South Korean government official as saying on Monday. As one of the Asia's biggest buyers of Iranian oil, South Korea has been pushing for "maximum flexibility" in trades with Iran since Trump started threatening Iranian ...

Tasnim A member of Iran and South Korea Chamber of Commerce described the East Asian country as one the biggest importers of the Iranian crude and said oil sales to South Korea will not go down to zero. In remarks released on Friday, Kia Kiani pointed to the US sanctions on Irans oil sector and said among the latest series of embargoes which began ...

The Korea Herald - The Korean government is ramping up efforts to request exemptions from the US administrations Iran sanctions amid growing concerns from the local petrochemical and plant construction industries that heavily rely for their businesses on the regime. Following US President Donald Trumps decision to reimpose sanctions on Iran in May,...