Lee Pledges Landmark India-SK Pact to Safeguard Strait of Hormuz, Bolstering Global Energy Security
In a significant diplomatic move, South Korean President Lee Jae Myung stressed the critical need for joint efforts between India and the Republic of Korea (ROK). The focus centers on guaranteeing safe passage through the vital Strait of Hormuz and jointly stabilizing global supply chains.Speaking in a written interview published in The Times of India, President Lee highlighted the current geopolitical volatility affecting global trade. He noted that the effective closure of the crucial shipping route, driven by prolonged tensions between the United States and Iran, is sharply raising global oil prices.The disruption is also impacting...