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South Korea secures crude and naphtha supplies through year-end as war disrupts oil flows

businessenergy-marketsworldsouth-koreamiddle-east 7 posts · 3 accounts

South Korea said it secured 273 million barrels of crude and 2.1 million tonnes of naphtha through year-end, including an Omani commitment, while also discussing oil storage outside Hormuz.

From the sources (7 posts)

@staunovo

South Korea has secured 273 million barrels of crude oil from four Middle Eastern countries through the end of the year, South Korean presidential chief of staff Kang Hoon-sik said on Wednesday. The country had also secured 2.1 million ton

@financialjuice

South Korea's Presidential Envoy: Discussed building oil storage facilities outside the Hormuz Strait with the Middle East oil producers

@firstsquawk

South Korea says it discussed constructing oil storage sites outside the Hormuz Strait with Middle Eastern producers, according to a presidential envoy

@firstsquawk

A South Korean presidential envoy says Oman has committed to supply 5 million barrels and 1.6 million tons of naphtha

@firstsquawk

South Korea has secured 18 million barrels of crude from Kazakhstan, according to a presidential envoy

@firstsquawk

South Korea official says the country has secured 2.1 million tons of naphtha until the end of the year

@firstsquawk

South Korea says it has secured 273 million barrels of crude oil from foreign suppliers, according to a presidential official

Preview built on a synthetic news corpus (16 weeks, Apr–Jul 2026). Impact calls are model reads, not price data.

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