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South Korea to curb naphtha exports, roll out emergency support as Middle East risks rise

ReutersMar 17, 2026 11:56 PM

- South Korea will limit naphtha exports and temporarily designate the feedstock as a supply-chain economic security item, Finance Minister Koo Yun-cheol said on Wednesday.

The government will also expand financial support for affected companies by 1.5 trillion won ($1.01 billion), including aid for the higher costs of alternative imports and preferential interest rates for companies handling high-risk economic security items.

($1 = 1,485.9000 won)

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