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South Korean refiners purchased 190,000 bpd (barrels per day) from Iran last year, according to the Reuters news agency. The country, which rates as the fifth-largest oil importer in the world, will meet with the U.S. to request an exemption from sanctions signed into law by President Barack Obama on Saturday. The sanctions could block refiners from paying for Iranian oil.
via South Korea Increases Oil Deal with Iran – Global Agenda – News – Israel National News.
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