Abu Dhabi

S. Korea to receive over 6 mln barrels of crude oil from UAE: Cheong Wa Dae

Presidential Chief of Staff Kang Hoon-sik speaks during a briefing at Cheong Wa Dae in central Seoul on Friday. The presidential office said South Korea will receive more than 6 million barrels of crude oil from the UAE. Photo by Yonhap

South Korea will receive more than 6 million barrels of crude oil from the United Arab Emirates (UAE), Cheong Wa Dae said Friday, amid concerns over energy prices due to the escalating conflict in the Middle East.

Kang Hoon-sik, the presidential chief of staff, announced the plan to purchase crude oil from the Gulf state in a briefing as the U.S.-Israeli attack on Iran and Tehran’s retaliatory strikes in the region have sparked fears of an energy crisis.

“At the instructions of President Lee Jae Myung, we have made consultations over measures to introduce crude oil and as a result, an emergency introduction of more than 6 million barrels has been confirmed,” he said, noting the move is expected to help stabilize oil prices.

Kang stressed the need for the emergency measure, noting that 70 percent of crude oil supplied to South Korea passes through the Strait of Hormuz, which has effectively been shut down due to the conflict.

Two South Korean oil tankers will be sent to a UAE port that does not require passage through the strait to receive 4 million barrels of crude oil, he said, adding the UAE pledged to provide 2 million barrels from a joint reserve stored in South Korea.

The total amount is equivalent to more than two times the supply used by South Korea a day, he said.

Meanwhile, Kang said a passenger flight carrying South Korean nationals has left Dubai and is scheduled to arrive at Incheon International Airport, just west of Seoul, at 7:30 p.m. Friday, following talks with the UAE on measures for their safe return.

Commercial flights from Abu Dhabi are expected to resume Saturday, while a chartered Korean Air flight will also be dispatched, he said, noting that he held talks with Khaldoon Khalifa Al Mubarak, chairman of Abu Dhabi’s Executive Affairs Authority.

“Currently, 18,000 South Koreans are in 14 Middle East nations, and some 4,900 of them are short-term travelers,” he said. “Among the short-term travelers, 3,500 of them are currently staying in the UAE and Qatar, and waiting to return home.”

“We will continue consultations with the UAE to bring all of our citizens back home as soon as possible.”

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Witkoff hails ‘progress’ in peace negotiations with Russia, Ukraine

Feb. 18 (UPI) — U.S. Special Envoy Steve Witkoff early Wednesday reported “meaningful progress” in tri-lateral U.S.-Russian-Ukraine talks in Switzerland on ending the war.

Crediting U.S. President Donald Trump‘s “success in bringing both sides of this war together” to enable the progress to be made in the U.S.-moderated talks in Geneva, Witkoff provided no details of what had been achieved.

“Both parties agreed to update their respective leaders and continue working towards a deal,” he wrote X.

The accounts of Russia and Ukraine of Tuesday’s talks, which lasted six hours, were less positive with Russia’s state-run TASS news agency reporting they were “very tense” while Ukrainian President Volodymyr Zelensky said they were “difficult” and accused Moscow of playing for time.

“Yesterday’s meetings were indeed difficult, and we can state that Russia is trying to drag out the negotiations, which could already have moved to the final stage. We are grateful to the American side for their attention to detail and patience in talks with the current Russian representatives,” said Zelensky in a post on X.

A source in the Russian delegation told TASS that all sides had, however, agreed to continue the talks on Wednesday.

The negotiations are being held against the backdrop of the fourth anniversary of Russia’s full-scale invasion of Ukraine on Feb. 24, with no sign of any let up in hostilities.

At least two people were killed and 25 injured in strikes across five eastern, southern and central Ukrainian provinces overnight after Russian forces launched 126 drones and one ballistic missile, according to a Ukrainian Air Force update on social media.

Russia’s Defense Ministry said one person was injured in the city of Cheboksary, 440 miles east of Moscow, after Ukraine launched a large-scale airborne assault into Russian territory overnight using attack drones. The defense ministry said air defenses downed 43 of the drones.

Two previous rounds of talks, in Abu Dhabi in January and earlier this month, were unable to gain traction in overcoming the main stumbling blocks of Russia’s demand that Ukraine cede territory and Ukraine’s insistence on cast-iron Western security guarantees.

The negotiations are based on a heavily revised version of a 28-point plan, first drawn up by Witkoff’s team and Russian officials in November, under which Ukraine would give up Luhansk and Donetsk, including areas its forces still control, in exchange for security guarantees.

Kyiv has ruled out giving up territory it still occupies but the Americans are pushing a compromise solution that would see those areas become a demilitarized “special economic” buffer zone.

However, the security guarantees remain the potentially most intractable issue with Moscow adamant they cannot involve Western boots on the ground — something Ukraine believes must be permissable for any guarantee to be credible.

Former South African president Nelson Mandela speaks to reporters outside of the White House in Washington on October 21, 1999. Mandela was famously released from prison in South Africa on February 11, 1990. Photo by Joel Rennich/UPI | License Photo

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