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Last updated: 02 Apr, 2026  
 Global Business
oil.jpg
S. Korea secures 50 million barrels of alternative oil supplies for April
IANS | 02 Apr, 2026
South Korea has secured around 50 million barrels of alternative oil supplies for this month to replace supplies from the Middle East blocked due to the effective closure of the Strait of Hormuz, government officials said on Thursday, vowing continued efforts to stably manage energy supplies.
 More Headlines
» IEA countries to release 400 million barrels of oil to address global energy disruption
» India supplying diesel to Bangladesh as part of ongoing agreement
» S. Korean firms seek measures as global oil prices surge amid Middle East crisis
» India's pragmatic foreign policy model for changing world order: Finnish President
» USTR, USDA say US farm exports roar back​
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      Headlines
mideast.jpg Escalation in Mideast may cause losses exceeding 2025 regional cumulative GDP: UN report
IANS | 01 Apr, 2026
The military escalation in the Middle East, now in its fifth week, may cost economies in the region from 3.7 to 6 per cent of their collective GDP, representing up to $194 billion in losses, according to a new report issued.  
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seoul-stock.jpg Seoul stocks up amid talks to end war in Middle East
IANS | 25 Mar, 2026
South Korean stocks traded markedly higher late on Wednesday morning, driven by gains in big-cap tech shares, as investors cautiously pinned hopes for progress in negotiations between the United States and Iran to end the ongoing conflict. 
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seoul.jpg Foreign currency deposits in S. Korea fall for 2nd month in Feb
IANS | 23 Mar, 2026
Foreign currency deposits in South Korea fell for the second straight month in February, due to a decline in both individual and corporate deposits, central bank data showed on Monday. 
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crude1.jpg Crude prices cool down as US allows all countries to buy Russian oil
IANS | 13 Mar, 2026
Global oil prices cooled down marginally on Friday after the US announced a 30-day waiver, allowing all countries to purchase Russian oil. 
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