The Korea Times
President Lee Jae Myung stressed the need for Korea and India to work together to ensure safe passage through the Strait of Hormuz in an interview published Monday, also highlighting the need for joint efforts to stabilize global supply chains. In a written interview with The Times of India, held before his summit talks with Indian Prime Minister Narendra Modi, he noted that the effective closure of the critical shipping route due to the prolonged conflict between the United States and Iran has been driving up global oil prices while also disrupting supply chains for key industrial materials. "Both the Republic of Korea and India depend on the Middle East for a significant share of their energy supplies, including crude oil and natural gas. Accordingly, ensuring the security of critical maritime routes is essential to the safety of our peoples and the very survival of our nations," Lee said, referring to Korea by its official name. Lee and Modi were set to hold a bilateral summit later in the day, which would mark their third in-person meeting since Lee took office last year. The preside
Go to News Site