[2026-04-02]South Korea Raises Oil and Gas Crisis Alert Amid Middle East Conflict
South Korea has raised its resource security crisis alerts for oil and natural gas in response to the ongoing Middle East conflict.
The government upgraded oil from ‘Caution’ to ‘Warning’ and gas from ‘Interest’ to ‘Caution’, effective April 2.
Supply disruptions and volatility have prompted strengthened management and public sector measures.