Lead

South Korea's presidential chief of staff, Kang Hoon-sik, is set to depart for Kazakhstan, Oman, and Saudi Arabia on Tuesday to discuss securing crude oil and naphtha supplies, as the Strait of Hormuz remains effectively closed amid the ongoing U.S.-Israeli war with Iran. The visit, announced by Yonhap News Agency, comes as the South Korean government intensifies efforts to stabilize energy supplies and mitigate the economic impact of the Middle East conflict.

Coverage Comparison

The story was reported by Yonhap News Agency in multiple dispatches, with consistent details across all versions. Kang, serving as a special presidential envoy, will be accompanied by trade ministry officials and representatives from local energy companies. He is scheduled to meet with government officials in the three countries to discuss supply agreements.

According to Yonhap, Kang told reporters that "the government's most urgent priority is to ensure the stable supplies of essential necessities," highlighting South Korea's heavy dependence on Middle Eastern oil and naphtha — a key feedstock for the petrochemical industry. He noted that last month, South Korea agreed to receive 24 million barrels of crude oil from the United Arab Emirates, with shipments already arriving at South Korean ports.

Key Claims

  • Urgency of the visit: Kang's trip is framed as a response to the effective closure of the Strait of Hormuz, a vital chokepoint for global oil shipments. Yonhap reports that U.S. President Donald Trump has renewed threats against Iran if Tehran reopens the route, and that South Korea is seeking alternative sources until the crisis is resolved.
  • Ensuring safe passage of vessels: Kang stated that the government is taking measures to ensure the safe passage of 26 South Korean-flagged vessels currently stranded in the Strait of Hormuz, prioritizing crew safety and considering the positions of shipping companies.
  • Domestic impact: The supply disruption has already affected South Korea's economy and daily life. Yonhap reports that average gasoline prices in Seoul have surpassed 2,000 won per liter, and shortages have appeared in products such as government-issued trash bags and syrup bottles used for medicine.
  • Strategic diversification: The article from Yonhap notes that about 62 percent of South Korea's oil imports passed through the Strait of Hormuz as of 2024. The Ministry of Trade, Industry and Resources has identified 17 potential supplier countries, though the focus is shifting from spot purchases to long-term contracts.

Perspectives

Government perspective: The presidential office emphasizes proactive diplomacy to secure energy supplies and stabilize domestic markets. Kang's remarks highlight the government's commitment to tangible outcomes from high-level consultations.

Economic perspective: The crisis has led to market volatility, with the KOSPI experiencing significant fluctuations. The government has proposed a 26.2 trillion-won supplementary budget to address economic fallout, and rival parties have agreed to pass it.

International relations perspective: The visit to Kazakhstan, Oman, and Saudi Arabia is part of a broader diplomatic effort to diversify supply chains. South Korea has also dispatched envoys to Algeria, Libya, and the Republic of Congo. Additionally, President Lee Jae Myung has urged warring parties to take "a courageous step toward peace."

Critics' perspective: An editorial in Yonhap calls for the government to deliver results beyond symbolic diplomacy, stressing the need for stable, long-term contracts with new suppliers and a reduction of dependence on the Strait of Hormuz. It also notes that Trump has singled out South Korea, along with the EU and Japan, for not supporting the U.S. in the conflict.