Korea’s Thirst for Canadian Crude Is Poised to Outlast Iran War


With the conflict disrupting shipping traffic in the Middle East, South Korean imports have risen fourfold to 61,000 barrels a day in the second quarter from 17,000 in the first, Vortexa data show. The change comes after Alberta and South Korea reached an agreement in April to remove a standard 3% tariff that had been placed on Canadian oil. 



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