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S. Korea

  • Although billions of dollars in Iran’s assets that had been blocked in South Korean banks under the US sanctions for years have finally been unfrozen, the Iranian government has decided to continue with legal proceedings to force Seoul to compensate for losses.

  • EghtesadOnline: Senior diplomats from South Korea and Iran had discussions in Vienna on Iranian assets frozen in that country, the foreign ministry in Seoul said on Friday, with the thorny bilateral issue on the table for the talks aimed at restoring the 2015 Iranian nuclear deal.

  • EghtesadOnline: A South Korean oil buyer is set to receive about 2 million barrels of Iranian condensate in January, a source familiar with the matter said on Monday.