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South Korea launches first oil swap program to secure energy supplies.
South Korea has launched its first oil swap program to protect supplies amid rising tensions in West Asia.
The government will lend crude from strategic reserves to refineries, which will repay the oil later with different supplies, ensuring stability without depleting stocks.
The program, running through April and May, aims to enhance supply chain resilience and support diversification efforts.
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Corea del Sur lanza primer programa de intercambio de petróleo para asegurar el suministro de energía.