Korean Stock & Equity Research

Global Markets/Supply Chain & Geopolitics

South Korea's crude oil supply chain is now facing a two-chokepoint problem: the Strait of Hormuz has been effectively disrupted since the Iran conflict escalated earlier this year, and Yemen's Houthi movement has since declared a naval blockade against Saudi Arabia that threatens the Red Sea route Saudi exporters have been relying on as a workaround. Neither chokepoint has to fully close for Ko..