korea

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    Government and Firms Partner on Crude Oil Reserves in Korea

    South Korea Launches Crude Oil Swap System to Counter Supply Risks Amid Strait of Hormuz Disruptions Government Introduces Temporary Oil Swap Mechanism Seoul, March 31: South Korea’s government has introduced a crude oil swap system with private refiners starting Tuesday, aiming to stabilize...
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    South Korea Considers Expanding Vehicle Rotation System Amid Rising Oil Prices

    South Korea Considers Expanding Vehicle Rotation System Amid Rising Oil Prices Government May Extend Vehicle Rotation to Private Sector South Korea’s Finance Minister Koo Yun-cheol announced that the government may expand its mandatory five-day vehicle rotation system to the private sector if...
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    Investigation Launched: US Seeks to Address Foreign Trade Practices

    US Launches Trade Investigations Into India, China, EU and Other Partners Over Manufacturing Practices Probe Initiated Under Section 301 of Trade Act New York, March 12 – The United States has launched investigations into several of its major trading partners, including India, China, Japan, and...
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