S. Korea’s oil imports from Iran up 36% in 11 months yr/yr
TEHRAN- South Korea imported 17 million tons, or 372,890 barrels per day (bpd), of Iranian crude oil during the first 11 months of 2017, with 36.5 percent rise from 12.45 million tons over the same period last year, according to the customs data. Although, South Korea’s imports of Iranian crude oil fell 9.5 percent in […]
Iran, S. Korea sign $720m contract
Iran inked a $720m contract with South Korea to buy 450 rail buses from the latter within 6-year period. Pointing to the fact that there are only 120 rail buses active in the country, Iran’s Minister of Roads and Urban Development Abbas Akhoundi added that the contract is worth € 720, adding the Iranian side had […]
US, South Korea vow to boost joint military might amid North’s threats
US President Donald Trump and his South Korean counterpart, Moon Jae-in, hold a telephone conversation to call for a boost in joint military capabilities. On Monday, the two world leaders called for maximizing pressure on the reclusive state over its nuclear and missile tests. According to a White House statement, Trump gave “conceptual approval” for South […]
South Korea Warns North May Launch ICBM after Nuclear Test
TEHRAN – South Korea said on Monday it was talking to the United States about deploying aircraft carriers and strategic bombers to the Korean peninsula after signs North Korea might launch more missiles in the wake of its sixth and largest nuclear test. The UN Security Council was set to meet later on Monday to […]