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    Korea Actively Seeking Crude Oil Routes as Middle East Conflict Impacts Supply

    Seoul, April 3 – The ruling Democratic Party (DP) of South Korea and the government agreed on Monday to send special envoys to Saudi Arabia, Oman, and Algeria to secure crude oil supplies, as the Strait of Hormuz, a key oil shipping route, has effectively been closed due to the ongoing...
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    Safesea Seeks Investigation into Iraqi Tanker Attack

    New York, April 1 A global maritime company has called for an independent international investigation into an attack on one of its crude oil tankers last month, which killed an Indian crew member, describing it as a threat to global shipping and trade stability.Safesea Group Chairman Dr. S V...
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    Shipping Lanes at Risk: Attack on Safesea Vishnu Raises Concerns

    The attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, appears to have been deliberate and carefully planned, according to the company's chief.Safesea Group Chairman SV Anchan emphasized that the incident should serve as a warning to...
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