South Korea Considers Expanding Driving Restrictions Amid Rising Oil Prices

South Korea is contemplating extending driving restrictions to the general public if oil prices exceed $120 per barrel, according to the country's finance minister. Bloomberg posted on X that this measure aims to mitigate the effects of the ongoing conflict in Iran on South Korea's energy supplies. The government is closely monitoring the situation and preparing contingency plans to address potential disruptions in oil imports. The finance minister emphasized the importance of ensuring energy security and minimizing economic impact during this period of uncertainty.