South Korea targets lower reliance on Middle Eastern oil and gas by 2035
Why now
Thesis: Structural demand shift, slow-burn bearish for Mideast crude
Catalyst to watch: Policy details on alternative sourcing
Main risk: Timeline slips beyond 2035
Why it matters
Diversifying away from Middle East supply reduces long-run demand concentration for those barrels.
Related assets & topics
OilNatural GasEnergySources
- googlenews · news.google.com · 2026-09-25 07:11 UTC