Energy, Oil & Gas

South Korea inflation rises to 3.1pc as fuel prices spike

South Korea’s inflation rose to a 26-month high in May, reaching 3.1 per cent year-on-year. The increase was driven mainly by higher fuel costs amid volatility in global energy markets, according to Statistics Korea....

Energy, Oil & Gas

Japan, South Korea agree on energy supply security pact

Japanese Prime Minister Sanae Takaichi and South Korean President Lee Jae Myung agreed to strengthen energy cooperation by securing stable supplies of crude oil, petroleum products, and LNG amid rising geopolitical tensions in the Middle East. ...