Middle East war: South Korea secures extra 18 milion barrels of oil from UAE

  • Posted on March 18, 2026
  • By Business News Today
  • 4 Views
Middle East war: South Korea secures extra 18 milion barrels of oil from UAE

West Asia war: South Korea will receive an additional 18 million barrels of oil from the United Arab Emirates. This move aims to secure supplies as the Iran war disrupts global oil routes. About 70 percent of South Korea's crude oil imports pass through the Strait of Hormuz. The UAE will supply oil via UAE-flagged and Korea-flagged vessels.
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