South Korea has secured 74% of its September crude oil needs as U.S.-Iran tensions raise fears of disruptions in the Strait of Hormuz.

Amid the largest disruption to global oil supplies, South Korea's innovative use of AI has provided a buffer against economic downturns. Can South Africa adopt similar strategies…

South Korea has secured 74% of its September crude oil needs as U.S.-Iran tensions raise fears of disruptions in the Strait of Hormuz.

South Korea is increasingly importing Saudi crude via the Red Sea to reduce its reliance on the disrupted Strait of Hormuz route.