SEOUL - South Korea might ban Iranian petrochemical product imports following pressure from the United States to beef up sanctions against Tehran over its nuclear program, sources said, although the measure would have a limited economic impact.
But the world's fifth-largest crude importer isn't planning a ban on crude imports from the OPEC member, the sources at Korea's economy ministry said.
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"We are cautiously considering an import ban on Iranian petrochemical products, and currently evaluating a possible impact of the ban," one source said.
