Gov't extends public-private crude oil swap system until end-June

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Source: South Korea
Published: 2026-06-02 15:36 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, South Korea, Energy
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Snippet:
SEOUL, June 2 (Yonhap) -- The government extended the operation of its crude oil swap system with private firms until the end of this month amid continuing uncertainties surrounding the Strait of Hormuz, a critical oil shipping route, the industry ministry said Tuesday.
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