South Korea & American Petroleum Institute
7 shared events · Importance 4 · Last updated Jun 11, 2026
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International
South Korea: South Korea said it will maintain close communication with the U.S. to preserve trade benefits, noting the combined duties should not exceed 15%.
American Petroleum Institute: API asked USTR to drop duties on industrial inputs critical to the oil and gas industry.
Apr 20, 2026 · 318 articles
International
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.
American Petroleum Institute: The American Petroleum Institute>>> released data showing a significant fall in US crude oil inventories, contributing to concerns about supply.
Apr 20, 2026 · 607 articles
International
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.
American Petroleum Institute: The American Petroleum Institute's chief economist noted that India's constrained LPG supply is adding pressure to an already tight United States — California gasoline market due to reduced alkylate exports.
May 05, 2026 · 374 articles
International
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.
American Petroleum Institute: The American Petroleum Institute provided figures on US crude oil, gasoline, and distillate inventories.
Apr 26, 2026 · 590 articles
International
South Korea: South Korea is among the countries facing potential 12.5% import taxes from the US due to an investigation into alleged forced labor, which could impact its trade relations.
American Petroleum Institute: The American Petroleum Institute reported a seventh straight week of falling US crude oil inventories, contributing to the bullish sentiment in the oil market. Its data provides key insights into US oil stockpiles.
Jun 03, 2026 · 97 articles
International
American Petroleum Institute: The American Petroleum Institute reported that US crude oil inventories jumped for the third straight week.
Apr 11, 2026 · 300 articles
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