top of page

South Korea's Lee calls for diplomatic push on finding more energy sources

South Korean President Lee Jae Myung urged preparations for worst-case energy scenarios amid the Middle East crisis, emphasizing diplomacy to secure stable alternative energy sources. He also suggested the possibility of limiting energy exports if needed.

March 17, 2026

Joyce Lee/Reuters

South Korea's Lee calls for diplomatic push on finding more energy sources

South Korean President Lee Jae Myung delivers a statement following a bilateral meeting with Philippine President Ferdinand Marcos Jr., at the presidential palace in Manila, Philippines, March 3, 2026.

Rolex Dela Pena/Reuters

South Korean President Lee Jae Myung said on Tuesday that the worst-case scenario on energy must be considered in case the Middle East crisis is prolonged, and called for diplomatic efforts to be focused on finding stable alternative energy sources.


Lee said South Korea should consider limiting energy exports if necessary, without elaborating.

-Joyce Lee/Reuters

TOP BUSINESS STORIES

GLOBAL MARKETS: Asia shares cautious ahead of Federal Reserve's Jackson Hole Symposium

GLOBAL MARKETS: Asia shares cautious ahead of Federal Reserve's Jackson Hole Symposium

Senator Imee Marcos grills economic officials over falling forex reserves and weaker peso

Senator Imee Marcos grills economic officials over falling forex reserves and weaker peso

Euro zone bond yields rise as oil prices climb amid Strait of Hormuz uncertainty

Euro zone bond yields rise as oil prices climb amid Strait of Hormuz uncertainty

LATEST NEWS

Family of Filipino doctor missing in Nepal flood appeals for help

Family of Filipino doctor missing in Nepal flood appeals for help

King Oyo Nyimba of Uganda, once world's youngest monarch, dies at 34

King Oyo Nyimba of Uganda, once world's youngest monarch, dies at 34

University of Makati seeks probe after student found lifeless on campus

University of Makati seeks probe after student found lifeless on campus

bottom of page