South Korean President Lee Jae-myung said in a social media post that refined oil prices such as gasoline and diesel will continue to stabilize. Lee Jae-ming said that through measures such as dispatching crude oil envoys to strengthen crude oil diplomacy, diversifying crude oil import sources, and subsidizing long-distance crude oil transportation costs, the dependence of up to 70% on crude oil in the Middle East has been reduced to less than 50% in just a few months. Import diversification will continue to be vigorously promoted in the future. By introducing a strategic reserve oil exchange system, the stability of crude oil supply without running out of strategic reserves has been ensured.

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