South Korea’s Korea National Oil Corporation (KNOC) reported importing 38.34 million barrels of crude oil from Iraq between January and August of 2026. This data highlights the continued economic relationship between Baghdad and South Korea in the energy sector. The imported oil represents a significant volume of trade for both nations during that eight-month period. KNOC’s announcement provides insight into South Korea’s energy sourcing strategies. Further details regarding the financial impact of these exports on Iraq were not immediately available. The information was initially published by Iraqi News. This volume demonstrates Iraq’s role as a key oil supplier to South Korea.