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oil refineries

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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...
    • Himanshu
    • Thread
    • crude oil crude oil supply government intervention industry iran war korea middle eastern crude oil refineries oil reserves oil swap south korea strait of hormuz strategic reserves supply chain disruption trade
    • Replies: 0
    • Forum: Business
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