South Korea has raised its oil-related resource security alert to “caution,” as prolonged instability in the Middle East heightens uncertainty over energy supply, the Ministry of Climate, Energy and Environment said on Tuesday. The alert was upgraded on March 18 from a “concern” level issued earlier this month, with Climate Minister Kim Sung-hwan presenting response measures at a Cabinet meeting aimed at stabilizing supply as global energy flows are disrupted by the war in Iran and the effective closure of the Strait of Hormuz.

The government said it will adjust the power generation mix to curb liquefied natural gas (LNG)