ReferIndia News South Korea's Strategic Petroleum Move Amidst Global Tensions

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South Korea's Strategic Petroleum Move Amidst Global Tensions

Published on: March 1, 2026, 8:30 a.m. | Source: Devdiscourse

In response to potential prolonged supply disruptions caused by U.S. actions in Iran, South Korea's government plans to utilize its petroleum reserves to support local industries. The oil is stored at nine locations across the nation and is capable of sustaining industries for several months.

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