Alberta Signs Deal With South Korea to Waive Crude Oil Tariffs
Airfind news item
By William Hetherington
Published on April 22, 2026.
The Canadian province of Alberta has signed a deal with South Korea to remove a 3% tariff on its crude oil exports. The agreement could significantly expand market access for Alberta's producers, with potential exports rising to up to 33 million barrels per year. The deal could generate up to $1 billion in additional export value.
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