Customs agency to ease rules on U.S. crude routed through third countries
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Source: South Korea
Published: 2026-05-26 15:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, South Korea, Trade & Sanctions, Business & Economy, Asia Pacific
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Snippet:
SEJONG, May 26 (Yonhap) -- South Korea's customs agency said Tuesday it has simplified regulations to allow U.S. crude routed through third countries to remain eligible for benefits under the bilateral free trade agreement (FTA), in line with efforts to stabilize the supply amid tensions in the Middle East.
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