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SK Innovation Co. is increasing purchases from America to make up for the drop in Iranian oil shipments before U.S. sanctions come into effect
U.S. Oil Wins as Major Crude Buyer Works to Fill Iran Gap
published Sep 26, 2018, 5:00:33 AM, by Heesu Lee (Bloomberg) — After South Korea became the first of Iran’s major oil customers to reduce imports to zero under American pressure, the nation’s biggest refiner is seeking alternative supplies to fill the gap. And U.S. crude is on the list. SK