Seoul, April 7 – South Korea has secured an additional 60 million barrels of alternative oil supplies for May, which will replace supplies from the Middle East that have been disrupted due to the effective closure of the Strait of Hormuz, the government said on Tuesday.The country has secured...
alternativeoil
crude oil
international trade
middle east
naphtha
oil reserves
oil supply
oil swap system
petrochemicals
refining
saudi arabia
south korea
strait of hormuz
trade
united arab emirates
united states
