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South Korea’s Growing Reliance on Saudi Oil Could Make It Vulnerable in the Event of a Taiwan Conflict

by Eric Olander

South Korea imported 31 million barrels of Saudi Arabian oil last month, up 30% compared to the same time last year, according to new data from the Korea Customs Service.

Today, South Korea is Asia’s third-largest crude importer behind China and India and a key client for the Saudis, who’ve come to rely much more on Asian customers than those in the U.S. and Europe.

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