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Hormuz shock calls for a reset of Korea's energy strategy
Acil
Energy·03.05.2026AI özeti

Hormuz shock calls for a reset of Korea's energy strategy

More than two months into the Iran war, the closure of the Strait of Hormuz has sharply raised oil prices and plunged the global economy into turmoil. Korea, heavily dependent on Middle Eastern crude, has been hit particularly hard with the OECD cutting its growth forecast from 2.1% to 1.7%. Naphtha imports have been blocked, forcing petrochemical plants to halt production and causing shortages in everyday items like garbage bags and medical syringes. Korea's self-sufficiency in oil and gas stands at just 10.8% compared to Japan's 42.1%, prompting calls for a fundamental redesign of energy strategy including pipeline projects, expanded joint stockpiling, and increased overseas resource development.

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Yonhap News
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Taiwan warned of widening ‘resilience gap’ in civil defences
HABER
19.04.2026

Taiwan warned of widening ‘resilience gap’ in civil defences

Taiwan must urgently overhaul its civil defence and rethink its energy strategy to withstand a potential blockade, experts warned at a tabletop exercise, describing existing preparedness as “too romantic” for a real-world crisis. The two-day 2026 Political, Economic, Military and Societal Tabletop Exercise, held at National Chengchi University in Taipei last week, simulated a 2030 scenario in which shifting global alliances and regional conflicts left Taiwan’s energy and social systems acutely...

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SCMP News