South Korea to Apparently Resume Oil Imports from Iran

South Koreanofficialssaid, Monday,thatthe statemayresumethe import of oilfrom Iranlater this month, according to the Yonhap news agency.

Agovernment source told the news agencythatthe Seoul governmentis consideringto acceptIran's offerto supply oilbyIranian tankers,a movethat would allowthe countryto receiveoilshipmentsdespiteEuropeansanctionsimposed onoilimportsfrom Iran over its failure to cooperate with the international community regarding its nuclear development program.