Korea, UAE discuss energy supply ties amid supply chain uncertainties (opens original article in a new tab)

Korea and UAE discussed energy cooperation, including oil reserves, nuclear projects, and new supply routes, amid supply chain uncertainties.

• Korea and UAE discussed energy sector cooperation, including joint oil reserves and nuclear power plants.
• Korea confirmed smooth import of 24 million barrels of crude oil from UAE under a March agreement.
• The two countries explored new supply routes bypassing the Strait of Hormuz and joint nuclear projects in third countries.