U.S. becomes largest exporter of naphtha to S. Korea following Iran war outbreak

SEOUL - The United States has become the largest exporter of naphtha to South Korea following the outbreak of the Iran conflict, the industry ministry said Thursday.South Korea currently imports the biggest share, or 24.7 percent, of naphtha from the U.S., with imports from India, Algeria, the United Arab Emirates (UAE) and Greece following at 23.2 percent, 14.5 percent, 10.2 percent and 4.5 percent, respectively, according to the Ministry of Trade, Industry and Resources.Before the war between the U.S. and Iran broke out in late February, the U.S. ranked seventh in terms of South Korea's n…READ FULL ARTICLE