US-Iran deal offers relief to Korean economy, but lower energy prices may take time (opens original article in a new tab)

US-Iran deal reduces external economic risks for South Korea but lower energy prices may take time to stabilize.

• US-Iran ceasefire agreement reduces external economic risks for South Korea
• Strait of Hormuz reopening plans announced
• Oil prices may take time to stabilize and return to pre-war levels
• Experts note potential for economic relief but caution about delayed energy price recovery