Korea Joongang Daily
Korea JoongAng Daily

Foreign minister frames Lee's criticism of Israel as appeal to human rights

Foreign Minister Cho Hyun downplayed controversy over President Lee Jae Myung's recent criticism of Israel, framing his remarks as a principled appeal to universal values in comments to Korean lawmakers on Wednesday.

2026-04-15

Passage through Hormuz may take time despite cease-fire, national security chief says

National Security Adviser Wi Sung-lac assessed that it could take some time for Korean-flagged vessels to transit through the Strait of Hormuz, despite a two-week cease-fire between the United States and Iran.

2026-04-10

Iran dismisses cease-fire deal, seeks 'permanent end to the war' instead

Iran rejected a cease-fire in its conflict with the U.S. as Trump threatened severe military actions. Tensions escalated following strikes on Iranian infrastructure, with significant casualties reported across the region.

2026-04-07

Trump says 'with a little more time,' U.S. can open Strait of Hormuz and 'make a fortune'

U.S. President Donald Trump said Friday that “with a little more time,” the United States can easily open up the Strait of Hormuz, take the oil and “make a fortune,” amid growing concerns over the impact of the U.S.-Israeli war against Iran.

2026-04-04

World anxious to open Hormuz Strait while Trump and Iran trade threats

Dozens of countries sought ways to restart vital energy shipments through the Strait of Hormuz on Thursday after U.S. President Donald Trump vowed more aggressive attacks on Iran, sending oil prices higher again and deepening the strain on consumers.

2026-04-03

Gas prices eclipse $4 a gallon in the U.S., the highest since 2022

U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday, as the Iran war continues to push fuel prices higher worldwide.

2026-04-01

Lee considers emergency powers usage amid Iran war concerns

President Lee Jae Myung hinted at using “the emergency financial and economic powers” authorized by the Constitution amid the possible prolonged economic crisis stemming from the Iran war.

2026-03-31

Korea's credit risk rising faster than Israel, Saudi Arabia despite distance from Iran war

Missiles are landing in the Middle East, but the loudest alarm bells are ringing in Korea’s financial markets, as Seoul’s credit risk and currency continue to weaken despite a relative distance from the Iran war.

2026-03-31

BOK governor nominee calls for supplementary budget as Iran war impacts Korean economy

Shin Hyun-song, the nominee for governor of the Bank of Korea (BOK), conveyed that a supplementary budget is needed as the Iran war adds to strains on the Korean economy.

2026-03-31

Kospi opens markedly lower after Trump renews threats against Iran

Korean stocks opened markedly lower on Tuesday as U.S. President Donald Trump renewed threats against Iran, with no end in sight to the monthlong war in the Middle East.

2026-03-31