South Korea should expect its next delivery of Iranian crude oil by insured cargo in September, a South Korean official said.

South Korean officials this month suggested in an interview with the Platts news service that crude oil deliveries from Iran could begin in September. Iran's semiofficial Fars News Agency quotes an official said to be close to the South Korean Economic Ministry as confirming the expected delivery.

"The imports will resume from early September loading, meaning late September arrival," the source said on condition of anonymity. "The oil will be loaded in Iran to be shipped by Iranian tankers under Iranian insurance cover.