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Stock impact report

South Korea braces for ‘worst-case scenarios' as Iran oil shock deepens [CNBC]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: CNBC
The government said it planned to set up an emergency economic task force to coordinate cross-ministerial efforts. The Asian country imports around 70% of its crude oil and 20% of its liquefied natural gas from the Middle East. Riders refuel their motorbikes at a gas station in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Bloomberg | Bloomberg | Getty Images South Korea stepped up its emergency economic planning on Wednesday as Prime Minister Kim Min-seok warned the government must prepare for “worst-case scenarios” from a Middle East conflict that has shown no sign of abating. The government planned to set up an emergency economic task force, led by Kim, to coordinate cross-ministerial efforts, the prime minister said at a press briefing, according to Yonhap News Agency “It is time to step up the government's preemptive response system to prepare against a prolonged situation, including worst-case scenarios,” Kim said. The group will convene twice Show less Read more
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