South Korea sees limited risk for Middle East crude imports amid Red Sea tensions

Capt. John

South Korea’s Trade Ministry and major local refiners expect tensions surrounding the Strait of Hormuz and Houthi militant activity to hardly impede the nation’s Middle Eastern crude imports, but some CPC Blend crude cargoes may witness delays in arrival as they take the longer Cape of Good Hope...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/011624-south-korea-sees-limited-risk-for-middle-east-crude-imports-amid-red-sea-tensions

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