OilPricegeopoliticaNEUTRALMEDIUM

South Korea Plans to Triple Canadian Crude Imports as Saudi Share Slips

The share of Saudi crude in South Korea’s oil imports dipped below 30% for the first time since 2021, as the resource-poor G7 economy moved to diversify supplies amid the Middle East crisis. In the period January to August, Saudi crude oil accounted for 29.9% of total South…

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