Saturday, May 2, 2026

Middle East Conflict Shifts South Korea’s Oil Imports and Higher Reliance on U.S. Import

South Korea sees a decline in Middle Eastern crude oil imports, shifting to U.S. and other sources amid ongoing conflicts.

North Korea Decries U.S.-ROK Drills as ‘Malicious War Rehearsals’ After Pocheon Mishap

North Korea exploits a fighter jet mishap in Pocheon to criticize U.S.-ROK military drills, warning of potential conflict escalation.

Busan Port Sees Record 4 Million TEUs Handled by MSC, Leading the Global Shipping Industry

MSC made history at Busan Port by handling 4 million TEUs in a year, marking a 16% increase and setting a record for a single shipping line.

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