South Korea’s War Warning: Why Seoul Is Worried About Global Uncertainty

South Korea’s War Warning: Why Seoul Is Worried About Global Uncertainty

South Korea is worried because the Iran war is creating exactly the kind of global shock that can hurt an export-heavy, energy-importing economy. Seoul does not need to be directly involved in the conflict to feel the damage. Higher oil prices, shipping disruption, weaker global demand, currency volatility, and supply-chain pressure can all reach South … Read more