SEOUL: South Korean Finance Minister Koo Yun-cheol met with envoys from Gulf countries to shore up energy security and the safety of Korean vessels near the Strait of Hormuz, the ministry said on Sunday, as the escalating Iran war disrupts shipping.
In the meeting on Friday, Koo asked the Gulf Cooperation Council (GCC) ambassadors to ensure a steady supply of oil, liquefied natural gas, naphtha, urea and other critical resources, and to ensure the safety of Korean vessels and crew near the vital strait, the ministry said in a statement.
The…
