South Korea proposes over $17 billion in additional budget to ease energy costs as Iran war rages on

Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Key Points About 10.1 trillion won will be aimed directly at "easing the burden of high oil prices." Other measures include support for exporters and an increase in grants to local governments. South Korea imports 94% of its energy, and almost 72% of its crude oil comes from the Middle East. …