ReferIndia News South Korea Secures Crude Oil Lifeline Amid Middle East Crisis

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South Korea Secures Crude Oil Lifeline Amid Middle East Crisis

Published on: March 18, 2026, 11:44 a.m. | Source: Devdiscourse

South Korea has secured a pledge from the UAE for 24 million barrels of crude oil amid the Middle East crisis. As the world’s fourth-largest oil importer, South Korea is prioritizing supply stability and plans measures to mitigate high energy costs and potential supply disruptions.

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