Petroleum & South Korea
61 shared events · Importance 9 · Last updated Aug 20, 2026
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International
Petroleum: The price of Petroleum>>> has surged due to the conflict and the closure of the Strait of Hormuz>>>, directly impacting global energy markets and corporate costs.
South Korea: South Korea's stock market experienced a significant drop, and its factory activity expanded at the fastest pace in five years, driven by firms' efforts to secure supplies amidst the Iran war.
May 05, 2026 · 374 articles
Domestic
Petroleum: Petroleum prices plunged and handed back most of their early gains due to hopes of de-escalation in the Middle East and reports of a US-Iran understanding.
South Korea: South Korea's stock market, represented by the KOSPI, is the primary focus of the articles, with economic data releases also mentioned.
May 28, 2026 · 6 articles
International
Petroleum: Petroleum prices are directly affected by the status of the Strait of Hormuz and the progress of peace talks, with potential for significant price drops if the strait reopens and supply concerns ease.
South Korea: South Korea, like Japan>>>, is heavily reliant on energy from the Gulf and has been impacted by the conflict. A peace deal would likely ease its energy supply concerns.
May 02, 2026 · 472 articles
International
Petroleum: Prices retreated from $118 to $85, but supply remains disrupted.
South Korea: South Korea has increased oil imports from the US and is affected by higher energy costs. Its stock market has seen declines.
Apr 08, 2026 · 416 articles
International
Petroleum: The conflict and the closure of the Strait of Hormuz>>> have caused significant volatility and price increases for Petroleum>>>.
South Korea: South Korea has a tanker crossing the Strait of Hormuz in cooperation with Iran, demonstrating its efforts to maintain energy supplies despite the disruptions.
May 07, 2026 · 362 articles
International
Petroleum: Petroleum prices have surged due to the closure of the Strait of Hormuz and disruptions to global oil supplies. The commodity's volatility is a direct consequence of the ongoing conflict and negotiations.
South Korea: South Korean banks held $6 billion of frozen Iranian funds, which were later transferred to Qatar>>> pending a prisoner release, highlighting its role in the initial fund freezing.
Apr 26, 2026 · 590 articles
International
Petroleum: Petroleum>>> prices initially fell after Iran>>>'s TV report of a deal but rebounded after news of new US strikes, indicating market sensitivity to geopolitical tensions in the Strait of Hormuz>>>. The conflict has sent global energy prices sharply higher.
South Korea: South Korea has a tanker crossing the Strait of Hormuz in cooperation with Iran, demonstrating its efforts to maintain energy supplies despite the disruptions.
Apr 20, 2026 · 607 articles
International
Petroleum: The price of Petroleum has been significantly impacted by the conflict and the closure of the Strait of Hormuz. Hopes for a deal to reopen the strait have led to fluctuations in oil prices.
South Korea: South Korean banks held $6 billion of frozen Iranian funds, which were later transferred to Qatar>>> pending a prisoner release, highlighting its role in the initial fund freezing.
May 18, 2026 · 309 articles
International
Petroleum: Supply risks from Hormuz and Red Sea disruptions, impacting prices and inflation.
South Korea: Attended meetings, discussed regional security.
Jul 19, 2026 · 131 articles
International
Petroleum: Sanctions on Petroleum>>>, gas, and petrochemicals are expected to be temporarily lifted during the negotiation period, allowing Iran>>> to sell its products freely, which would affect global energy markets.
South Korea: South Korean banks held $6 billion of frozen Iranian funds, which were later transferred to Qatar>>> pending a prisoner release, highlighting its role in the initial fund freezing.
Jun 03, 2026 · 17 articles
International
Petroleum: Petroleum>>> prices are directly affected by the progress of the peace talks, with optimism for a deal leading to a 6% fall. The reopening of the Strait of Hormuz>>> would further impact global Petroleum>>> supply and pricing.
South Korea: A South Korean oil tanker passing through the Strait of Hormuz underscores the global impact of the conflict on international shipping and energy supplies.
May 19, 2026 · 327 articles
unfocused
Petroleum: Petroleum prices swung due to geopolitical tensions and hopes for a deal to reopen the Strait of Hormuz, impacting inflation and market sentiment.
South Korea: South Korea's Kospi index rose, indicating positive market performance in the region.
May 19, 2026 · 199 articles
Domestic
Petroleum: Petroleum is a key component of the strategic reserve, with plans to add 28 million metric tons of storage capacity. The reserve aims to mitigate supply disruptions.
South Korea: South Korea is also cited as a benchmark for strategic reserves, with over 100 days of coverage.
Aug 05, 2026 · 9 articles
Business
Petroleum: China's crude oil imports fell 13.2% in the first seven months due to high prices and supply constraints, affecting global oil demand outlook.
South Korea: Trade with South Korea maintained robust growth in July, with exports up 46.6% and imports up 97.8%, driven by high-tech demand.
Aug 06, 2026 · 22 articles
International
Petroleum: Soaring crude oil prices, driven by the US-Israel war with Iran, are impacting Southeast Asian nations, leading to financial support from Japan.
South Korea: South Korea>>> is praised for strengthening its security commitments, aligning with the United States>>>' call for greater burden-sharing.
May 25, 2026 · 242 articles
Domestic
Petroleum: The price of Petroleum>>> has surged due to geopolitical tensions and supply disruptions, leading to increased retail fuel prices in India>>> and contributing to inflationary pressures.
South Korea: South Korea held petrol price hikes below 20%, though diesel prices rose considerably faster.
May 19, 2026 · 125 articles
International
Petroleum: The oil price cap freeze and refinery bans may reduce Russian crude exports, affecting global supply.
South Korea: South Korea receives an LNG exemption, maintaining its energy supply.
Jul 22, 2026 · 35 articles
International
Petroleum: Petroleum prices are directly affected by the Strait of Hormuz blockade and the ongoing conflict, leading to global supply shocks and inflation.
South Korea: South Korea previously held frozen Iranian funds, which are now being discussed for release as part of the peace negotiations.
May 19, 2026 · 229 articles
Business
Petroleum: Softer crude oil prices are a positive factor for India, reducing import costs and inflation, and supporting FPI inflows. Crude price movements are monitored for future flows.
South Korea: South Korea is mentioned as a market where AI-related stocks attracted significant capital, leading to diversification away from crowded trades. This indirectly supports FPI flows into India.
Aug 09, 2026 · 20 articles
Business
Petroleum: Commodity transported by the acquired VLCCs, supporting ADNOC's crude export capacity.
South Korea: Home to shipyards constructing LNG carriers for ADNOC L&S, benefiting from shipbuilding contracts.
Mar 09, 2018 · 7 articles
Business
Petroleum: Mentioned as a traded commodity, ranked behind Western Digital — Sandisk futures.
South Korea: Home to SK Hynix, contributing to memory chip trading.
Aug 12, 2026 · 6 articles
International
Petroleum: The price of Petroleum>>> has spiked due to Iran>>>'s chokehold on the Strait of Hormuz>>> and the United States>>>'s blockade on Iranian ports.
South Korea: South Korea had ships exiting the Strait of Hormuz, reflecting efforts to navigate the disrupted shipping routes.
Apr 20, 2026 · 508 articles
Business
Petroleum: Petroleum price movements are a key factor that investors will monitor, as they can affect inflation and trade balances, influencing FPI flows.
South Korea: Excessive volatility in South Korean markets is prompting FPIs to seek stable alternatives like India, indirectly benefiting Indian equities.
Aug 02, 2026 · 9 articles
Business
Petroleum: Petroleum is among the commodities offered, allowing traders to speculate on oil price movements through perpetual contracts.
South Korea: South Korea is referenced as a market whose equities are covered, contributing to the platform's multi-region offering.
Aug 14, 2026 · 6 articles
International
Petroleum: Crude oil is not directly affected by this event.
South Korea: South Korea is mentioned in a related article but is not directly involved in this event.
Jul 28, 2026 · 183 articles
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