{"id":37870,"date":"2026-04-06T12:39:00","date_gmt":"2026-04-06T04:39:00","guid":{"rendered":"https:\/\/multimetro.hk\/plus\/2026\/04\/06\/lee-says-country-must-balance-risk-as-hormuz-disruptions-threaten-supplies\/"},"modified":"2026-04-07T08:31:02","modified_gmt":"2026-04-07T00:31:02","slug":"lee-says-country-must-balance-risk-as-hormuz-disruptions-threaten-supplies","status":"publish","type":"post","link":"https:\/\/multimetro.hk\/plus\/2026\/04\/06\/lee-says-country-must-balance-risk-as-hormuz-disruptions-threaten-supplies\/","title":{"rendered":"Lee says country must balance risk as Hormuz disruptions threaten supplies"},"content":{"rendered":"<p>South Korea must accept a degree of risk in importing crude oil from the Middle East amid blockages of the Strait of Hormuz, President Lee Jae Myung said on Monday.<br \/>&#8220;There are not many alternative routes, and if shipments are cut off altogether because of heightened risk, it could have a serious impact on South Korea&#8217;s crude supply and pose a major risk to the public, so we need to strike a balance and accept a certain degree of risk,&#8221; Lee said in a cabinet meeting.<br \/>South Korean authorities have been consulting with other oil-producing countries to secure alternative routes, including Saudi Arabia, Oman and Algeria, ruling Democratic Party lawmaker Ahn Do-geol said on Monday.<br \/>Ahn told reporters that diplomatic efforts led by the foreign ministry included the potential dispatch of special envoys to support the process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korea must accept a degree of risk in importing crude oil from the Middle East amid blockages of the Strait of Hormuz, President Lee Jae Myung said on Monday.&#8220;There are not many alternative routes, and if shipments are cut off altogether because of heightened risk, it could have a serious impact on South Korea&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-37870","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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