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Briefings South Korea weighs rationing and wartime budget in energy contingency planningSeoul reviews demand controls and emergency fiscal measures as prolonged disruption tests policy limits South Korea is reviewing contingency measures including possible fuel rationing and a wartime-level supplementary budget as authorities assess the risk of prolonged disruption in global energy markets linked to the Middle East crisis, officials said Tuesday. At a Cabinet-level discussionchaired by President Lee Jae Myung, ministries were instructed to prepare options to stabilize energy supply and limit economic fallout if market volatility persists. Measures under consideration include demand management steps such as restrictions on vehicle fuel use, alongside expanded fiscal support for households and businesses. Officials emphasized that the options remain under review and would be deployed only © Korea Risk Group. All rights reserved. |





