South Korea & United States — Energy Information Administration

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.

United States — Energy Information Administration: The United States — Energy Information Administration provides data on the components of gasoline prices, illustrating how crude oil costs are the main driver.

South Korea: South Korea had ships exiting the Strait of Hormuz, reflecting efforts to navigate the disrupted shipping routes.

United States — Energy Information Administration: The United States — Energy Information Administration>>> reported significant declines in global crude and fuel stocks, with draws accelerating in recent months.

United States — Energy Information Administration: The United States — Energy Information Administration (EIA) stated that full restoration of oil flows through the Strait of Hormuz will take months, maintaining a risk premium on crude oil prices.

United States — Energy Information Administration: The United States — Energy Information Administration warned that fuel prices could continue to rise for months even after the Strait of Hormuz reopened, highlighting the lasting economic impact of the conflict.