Crude oil, petroleum product swap with Japan hailed as 'win win'

Crude oil, petroleum product swap with Japan hailed as 'win win'

A bilateral swap system with Japan for crude oil and petroleum products is part of a "win-win" strategy pursued by both countries. This is part of the results of the May 19 summit between President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi.

May 22, 2026