4 days ago

South Korea Restricts Government Fuel Use While Hormuz Crisis Threatens Military and Market Stability

TLDR: South Korea limits government vehicles to six operating days weekly amid worsening Middle East oil supply disruptions. The KOSPI fell 4.9 percent Monday as the won weakened and inflation accelerated under growing fuel pressure. Six countries across three continents now ration fuel, marking a shift from developing to advanced economies. U.S. troops stationed in [...]

The post South Korea Restricts Government Fuel Use While Hormuz Crisis Threatens Military and Market Stability appeared first on Blockonomi.

Source: Blockonomi →