S. Korea secures 50m barrels of alternative oil supplies for April: officials

South Korea has secured around 50 million barrels of alternative oil supplies for this month to replace supplies from the Middle East blocked due to the effective closure of the Strait of Hormuz, government officials said Thursday, vowing continued efforts to stably manage energy supplies. The government and oil refineries are working hard to secure alternative oil supplies from different countries, Yang Ghi-wuk, deputy minister for trade, industry and resource security, said in a regular briefi