Middle East war forces South Korea, Philippines to secure oil deals with Russia and Iran
The ongoing conflict in the Middle East has triggered a seismic shift in global oil trade, with nations like South Korea and the Philippines seeking new energy partners to fill critical supply gaps. As the war disrupts oil flows from the region, both countries have turned to less traditional suppliers, including Russia and Iran, in a bid to stabilize their economies and avert energy crises. South Korea, heavily reliant on Middle Eastern crude, finds itself under mounting pressure to recalibrate