South Korea to send delegation to U.S. for talks on Iran sanction waivers

SEOUL (Reuters) - A South Korean delegation will head to Washington as early as this week for talks with U.S. officials after the United States announced plans to end all Iran sanction waivers, two South Korean government officials said on Tuesday.

South Korea, a major buyer of Iranian oil, was among seven countries that won exemptions from U.S. sanctions late last year. It allowed South Korea to buy limited amounts of Iranian oil, mainly condensate -- an ultra-light form of crude oil used for petrochemical products.