Korea to triple oil imports, secure more LNG from Canada amid energy shock

South Korea and Canada have agreed to deepen their partnership in energy and critical minerals as war in Iran and disruptions in the Strait of Hormuz reshape global supply chains.

Under the agreement, Seoul plans to more than triple Canadian crude oil imports while securing additional LNG supplies through expanded investment in Canadian LNG projects.

The agreement was reached Tuesday at a Korea-Canada forum on energy, resources and supply-chain cooperation in Ottawa, jointly hosted by South Kore ...