Seoul, March 1 (IANS) The industry ministry said on Sunday it is preparing for all contingencies, including a possible closure of the Strait of Hormuz, amid escalating tensions surrounding Iran, adding the impact on shipping logistics currently remains limitedThe Ministry of Trade, Industry and Resources held an emergency meeting with relevant ministries and institutions to assess the economic and industrial impact of the massive U.S.-Israeli strike on Iran the previous day, which came amid stal…
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