S Korea to work with US to reduce Iran oil imports
Seoul: South Korean officials say they will continue working with the US to reduce oil imports from Iran after President Barack Obama greenlighted potential sanctions against countries that continue to buy Iranian oil.
South Korea is one of several major importers of Iranian oil that have not received exemptions from the US sanctions.
Foreign Ministry officials in Seoul said on Saturday that they expect to reach an agreement with Washington by late June on reducing oil imports from Iran. The officials declined to be named because discussions were still under way.
South Korea has already restricted financial dealings with more than 200 groups and individuals with suspected links to Iran`s nuclear program. Seoul relies on Iran for up to 10 percent of its oil.
Download the all new Zee News app for Android and iOS to stay up to date with latest headlines and news stories in Politics, Entertainment, Sports, Technology, Business and much more from India and around the world.
More from India
More from World
More from Sports
More from Entertaiment
- Video: India won't tolerate disrespect to national anthem – this Mumbai family learnt it the hard way
- Watch: Boy dies after falling from a Mumbai local train – video maker is guilty too!
- Had Sardar Patel become PM, India would have been another Pakistan, says Kancha Ilaiah
- Watch: ISIS terrorist blown into pieces while bragging about his previous victory
- Shocking! World Cup winning cricketer forced to sell 'kachoris' to make a living