South Korea

2 articles tagged with this topic

Tokyo, Seoul and Canberra Finalize Energy Security Compact as Asian Buyers Rewrite Post-War Supply Map

Japan, South Korea and Australia signed a three-way energy security framework in Tokyo on Monday that locks in long-tenor LNG and crude supply, the most concrete Asian response yet to the supply scare triggered by the Iran war.

5 min read

Tokyo Taps Strategic Oil Reserve as Japan and South Korea Coordinate on Gulf Supply Shock

Japan ordered the release of 12 million barrels from its national petroleum stockpile on Saturday and opened a joint emergency-supply working group with South Korea, marking the most coordinated response by Northeast Asia's two largest importers since the Iran war began.

4 min read