South Korea Joins Thailand, Japan, India, Azerbaijan, China, Vietnam and Asia Wide Nations in High Alert as Iran and Oman Move to Co-Manage Strait of Hormuz Under New Regulatory Framework, Shaking Global Crude Oil, LPG and LNG Supply Chains and Tourism Routes Of UAE, Qatar, Jordan, Kuwait and Bahrain

South Korea joins Thailand, Japan, India, Azerbaijan, China, Vietnam and other Asian economies in a sharp regional response as Iran and Oman move to establish joint governance over the Strait of Hormuz, introducing strict new shipping rules that reshape global energy security because the strategic waterway is the world’s most critical passage for crude oil, LNG and LPG exports from the Gulf.Read More