US EditionKorea Secures over 74 Mil. Barrels of Crude Oil for May: Presidential Aide
3 Articles
3 Articles
Kang Hoon-sik, Chief of Staff to the President, stated on the 24th regarding crude oil supply and demand amidst the prolonged situation in the Middle East, “We have secured 74.62 million barrels in May, which is 87% of last year’s monthly average import volume, so there is no need to worry significantly about supply disruptions.” He also noted that while the peace talks between the U.S. and Iran remain uncertain and the blockade of the Strait of…
[Digital Daily Reporter Jang Joo-young] The government announced that it has secured 74.62 million barrels of crude oil in May, equivalent to 87% of last year's monthly average import volume, by securing alternative supplies. As a result, concerns regarding disruptions in crude oil supply and demand, which were feared due to the worsening situation in the Middle East, are expected to ease. On the 24th, Kang Hoon-sik, Chief of Staff to the Presi…
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