South Korea resumed imports of Iranian crude in January after a four-month hiatus, but the shipments were the lowest amid US sanctions on Tehran, Korea National Oil Corp. data released late Monday showed. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Northeast Asian nation received 1.958 million barrels of crude — all South Pars condensate — from Iran, down 74.9% from 7.812 million barrels a year ago. The shipments marked South Korea’s first import of Iranian crude since September last year, when the country fully suspended crude imports from Iran due to the re-imposition of US sanctions. The import of 1.958 million barrels were the lowest ever since South Korea started purchases of Iranian crude decades ago. The cargoes were for South Korea’s top refiner SK Innovation, which told S&P Global Platts earlier that it had received about 2 million barrels of […]