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South Korea Aims to Cut Middle East Crude Reliance to 50% by 2035

Crude Oil Prices Today | OilPrice.com · September 23, 2026

South Korea has set a target to reduce its crude oil imports from the Middle East to 50 percent of total supply by 2035, down from current levels exceeding 80 percent. The goal aims to diversify Seoul's energy sources and reduce geographic concentration risk. The strategy likely involves increased purchases from other suppliers including Russia, Africa, and the Americas, alongside accelerated investment in renewable energy and nuclear power.

Quwwaa's summary, drawn from reporting by Crude Oil Prices Today | OilPrice.com. Read the full story at Crude Oil Prices Today | OilPrice.com →

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