SKorea To Work With US To Reduce Iran Oil Imports

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SEOUL, South Korea (AP) — South Korean officials said Saturday that they will continue working with the U.S. to reduce oil imports from Iran after President Barack Obama greenlighted potential sanctions against countries that continue to buy Iranian oil. South Korea is one of several major importers of Iranian oil that have not received exemptions from the U.S. sanctions. Obama announced Friday that he is plowing ahead with the potential sanctions, which could affect U.S. allies in Asia and Europe, as part of a deepening campaign to starve Iran of money for its disputed nuclear program. The sanctions aim to further isolate Iran’s central bank, which processes nearly all of the Iran’s oil…

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