Petrochemical Firms Ready to Cope with Scrapped Sanctions Waivers on Iranian oil

SEOUL, Apr. 23 (Korea Bizwire) — South Korea’s petrochemical firms and refiners said Tuesday that the United States’ decision to end its sanctions waivers on Iranian oil imports isn’t likely to cause crisis in the industry, although short-term repercussions on their balance sheets appear to be inevitable. The Donald Trump administration on Monday (local time) [...]