Economy South Korea
SEOUL, March 17 (Reuters) – U.S. Secretary of State Marco Rubio said in a phone call with his South Korean counterpart on Monday that cooperation among countries to secure the Strait of Hormuz is more important than ever to stabilise the global economy and oil prices, Seoul said. Foreign Minister Cho Hyun later declined to say whether Washington had asked South Korea to deploy a naval ship to the strait, despite intense questioning by members of parliament, some of whom suggested such a move could breach domestic laws. “The question of how we’re going to respond to an ally’s demand…
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