S.Korea, Taiwan, S.Africa cut Iranian oil imports

SEOUL (Reuters) - Major buyer South Korea cut imports of Iranian crude in the first two months of 2012, joining Taiwan and South Africa as the latest in a growing group of buyers bowing to international pressure on the Islamic Republic.

A quartet of China, India, Japan and South Korea are the four biggest buyers of Iranian crude in Asia and have either made a cut in imports or pledged to do so. Iran sells most of its 2.6 million barrels per day (bpd) of exports in Asia.