South Korea Scrambles to Secure Oil Beyond Hormuz

South Korea is sending a senior government official to Oman, Kazakhstan, and Saudi Arabia in a bid to secure crude oil supply that does not need to pass through the Strait of Hormuz, Reuters has reported. Kang Hoon-sik, the presidential chief of staff, will hold talks with government officials in the three countries, energy companies, and shipping operators. South Korea has already managed to secure 110 million barrels of crude for April and May, Reuters noted in its report. The official told the media that the need to secure alternative oil supplies…