S. Korea to ease private sector's oil stockpiling obligations to join IEA's collective action
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Source: South Korea
Published: 2026-05-28 13:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Energy, World News, Asia Pacific
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Snippet:
SEOUL, May 28 (Yonhap) -- South Korea will ease crude oil stockpiling requirements for the private sector in a step to carry out its oil release pledge under a joint plan adopted by International Energy Agency (IEA) members, an industry ministry official said Thursday.
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