SEOUL (Reuters) - South Korea has transferred $500 million (318 million pounds) to Iran to pay for crude oil imports under an interim nuclear deal that provides limited relief from sanctions, two sources with direct knowledge of the matter said.
The interim accord between Iran, the United States, China, France, Germany, Britain and Russia was extended on Monday for seven months to allow for more talks to reach a full deal after the six powers failed again to resolve their 12-year stand-off over Tehran's nuclear ambitions.