The peaked tensions between US and Iran will likely force South Korea to lower its reliance on oil imports on the Middle East, based on industry watchers.
As the hostilities between the two countries continue to intensify over the weekend, it has resulted in soaring of oil prices and safe assets, and stocks have plummeted.
Figures determine, International benchmark Brent crude closed at $68.60 a barrel on Friday, up 3.55 pe....
Tags : South Korea, oil imports, US-Iran tensions,
comments (0)