South Korean President Lee Jae Myung on Monday instructed government ministries to operate under an emergency response system ...

What happens in the Middle East, stays in the Middle East.” The Israel-Iran conflict may seem like an issue contained within ...

South Korean stocks lost ground late on Monday morning over heightened Middle Eastern uncertainties following the United ...

Tensions exposed vulnerabilities in energy security for Japan, South Korea, India and China amid slow clean energy transition ...

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

Domestically, he pointed to South Korea's significant emergency oil storage (approximately 100 million barrels) and its evolving “optimal mix” of energy sources – nuclear, gas, solar, wind ...

After emerging from the 1950-53 war with North Korea, South Korea emerged as one of the 20th century’s most remarkable economic success stories, becoming a developed, globally connected, high ...

It feels like putting a bell on the cat. We held this forum to urgently bring the need for restructuring and the government’s ...

South Korea has raised concerns over the economic fallout from the recent U.S. airstrikes on Iran, particularly regarding the countrys trade and energy stability. First Vice Industry Minister Moon ...

It’s building new LNG plants and replacing old ones. South Korea plans to get 25.1% of its electricity from LNG by 2030, down from 28% today, and reduce it further to 10.6% by 2038.

Iran's parliament approved a measure to close the Strait of Hormuz, a key global oil shipping route, following US strikes on ...