Gov't reviews economic impact of Iran crisis, checks readiness to release oil reserves
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Source: The Korea Herald
Published: 2026-03-01 14:53 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, World News, Business & Economy
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Snippet:
The industry ministry said Sunday it is preparing for all contingencies, including a possible closure of the Strait of Hormuz, amid escalating tensions surrounding Iran, adding the impact on shipping logistics currently remains limited.
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