South Korea’s Russian crude imports plunge 84% on year to 696,000 barrels in May

South Korea slashed crude imports from Russia in May to just a single Aframax cargo, according to latest customs data, a clear cut signal that Asia’s third biggest crude importer is on track to completely phase out Russian oil purchases before the end of the year, industry and refinery sources said June 21. South Korea took just 695,859 barrels from…