South Korea announced it would release 7.23 million barrels of oil from its reserves: the world’s third largest after the United States and Japan

South Korea’s Ministry of Trade, Industry and Energy said Thursday that the government decided to release 7.23 million barrels of oil reserves after consulting with the International Energy Agency (IEA), Yonhap news agency reported.The release was the third largest in the world after the United States (60.56 million barrels) and Japan (15 million barrels).The Iea… Read more South Korea announced it would release 7.23 million barrels of oil from its reserves: the world’s third largest after the United States and Japan