Iran: Crude exports to South Korea fall

Iranian crude exports to South Korea almost halved in January, compared to the same month last year, following the loss of the MV Sanchi tanker in early January, when 32 crew members were killed. The ship had been carrying a cargo of 136,000 tonnes of gas condensate (equivalent to around 1m barrels) from Kharg Island to the South Korean port of Daesan.