OPEC & South Korea
5 shared events · Importance 4 · Last updated May 09, 2026
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International
OPEC: OPEC is losing its third-largest producer, United Arab Emirates, which will weaken its leverage over global oil supplies and prices.
South Korea: South Korea's Kospi index soared to a record high, driven by expectations of strong growth in artificial intelligence, benefiting its major chipmakers.
Apr 22, 2026 · 43 articles
International
OPEC: OPEC and its allies, known as OPEC+, announced they would raise oil output targets by 188,000 barrels per day in June for seven members, marking the third consecutive monthly increase.
South Korea: A South Korean vessel was attacked in the Strait of Hormuz, leading to a fire and explosion.
May 04, 2026 · 15 articles
International
OPEC: OPEC, of which Iran is a member, could see reduced crude exports from Iran due to the United States blockade, although Iran may sustain production by storing oil.
South Korea: South Korea delivered its fastest growth in nearly six years due to a jump in chip exports, benefiting from the global surge in AI investment, making it an outlier to the general economic downturn.
Apr 08, 2026 · 307 articles
International
OPEC: Iran is a member of OPEC, and the tariffs could indirectly affect the global oil market, though OPEC's direct role in this event is minimal.
Jan 12, 2026 · 8 articles
NEWSDESK
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