kim jung-kwan

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    Securing Energy Lifelines: How SK is Re-routing Oil Imports After Strait Disruptions

    Korea to Reroute Energy Lifeline: Saudi Pledges Priority Oil Shipments Amid Red Sea Push Seoul authorities are rapidly pivoting energy strategies as crucial Middle Eastern shipping lanes face disruption. South Korea is actively seeking alternative oil supply routes, with Saudi Arabia reportedly...
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    Korea's Market Reacts to Middle East Uncertainty

    South Korean Stocks Plummet Amid Middle East Tensions Seoul, March 27 – South Korean stocks experienced a sharp decline on Friday, driven by increased risk aversion stemming from renewed concerns regarding tensions in the Middle East. The benchmark Korea Composite Stock Price Index (KOSPI) fell...
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    Fuel Prices Drop in S. Korea Under New Price Cap

    South Korea Fuel Prices Fall After Government Introduces Temporary Price Cap Retail Fuel Prices Drop Following Policy Intervention Fuel prices at gas stations across South Korea have declined notably after the government introduced a temporary fuel price cap last week, according to the Ministry...
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    South Korea Urges Oil Refiners to Avoid Excessive Fuel Price Hikes Amid Middle East Tensions

    Government Calls for Transparent Petroleum Pricing Seoul, March 9: South Korea’s Industry Minister Kim Jung-kwan on Monday urged major oil refiners to avoid excessive fuel price increases as international crude oil prices surge due to the ongoing tensions in the Middle East.During a meeting in...
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