Announcement
13 Mar 2026
In March 2026, the South Korean Ministry of Trade, Industry and Energy introduced a regulation to limit the export volumes of certain petroleum products to their 2025 levels. The measure aims to ensure the stability of domestic petroleum supply and the national economy.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
13 Mar 2026
Revocation date:
No revocation date
Recent update from 24 Mar 2026:
On 13 March 2026, the South Korean Ministry of Trade, Industry and Energy announced a regulation restricting the export of petroleum products. Under this measure, oil refiners as well as petroleum ...
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