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EconomySouth Korea plans to cut Middle East crude reliance to 50% by 2035

South Korea aims to reduce its reliance on Middle Eastern crude oil to 50% by 2035, the Industry Ministry said on Wednesday. The move comes as Asia’s fourth-largest economy seeks to diversify energy supplies after disruption caused by the Iran war.

South KoreaMiddle East crude oilenergy supplyenergy diversification

RReuters★★★☆☆2026-09-23 01:50Original

South Korea plans to cut Middle East crude reliance to 50% by 2035
South Korea plans to cut Middle East crude reliance to 50% by 2035Economy