The BGA Korea team, led by Managing Director B.J. Kim, wrote an update to clients on Korea’s energy security. Context Korea is accelerating efforts to reduce its long-standing dependence on Middle Eastern energy supplies following renewed instability in the region. Around 70 percent of Korea's crude oil imports have traditionally come from the Middle East, with most shipments transiting the Strait of Hormuz. Geopolitical uncertainty has reinforced energy security as a strategic priority, … Continue Reading
Commentary
B.J. Kim, PhD
