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Anadolu Agency (24 March 2026)

South Korean President Lee Jae Myung called Tuesday on his administration to "preemptively" implement an "emergency response system" to cope with concerns over oil and gas supplies as the US-Israeli war against Iran drags on and disruptions in global energy markets continue, local media reported.

Speaking at a Cabinet meeting, Lee also asked for the swift passage of an extra budget to help small and medium-sized firms and vulnerable households hit by soaring energy prices, Yonhap News Agency reported.

As the impact of the war in the Middle East continues to grow, the faster a “wartime supplementary budget” is prepared and passed, the greater its effect will be," he said.

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