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
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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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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