South Korean Prime Minister establishes two emergency centers to manage impacts of the US-Israel-Iran war, closely monitoring energy flow through the Strait of Hormuz, while introducing energy-saving measures.
On 25 March 2026 GMT+7, South Korean Prime Minister Kim Min-seok announced that the government is preparing to set up two emergency economic units to handle the escalating Middle East crisis caused by the war between the US, Israel, and Iran.
An emergency economic situation room will be established at the presidential office, along with an emergency economic command center under the Prime Minister's Office. These units will closely assess and coordinate the government's response. This measure follows orders from President Lee Jae-myung to proactively implement systems to protect the economy and citizens’ livelihoods.
Prime Minister Kim stated that it is necessary to prepare for a long-term response, including worst-case scenarios, emphasizing the government's full commitment to handling the situation. The new structure will hold meetings at least twice a week, chaired alternately by the Prime Minister and the Deputy Prime Minister for Economy. Five subunits will be formed, covering macroeconomics, energy, finance, public welfare, and foreign situation monitoring. Additionally, emergency economic meetings led by the President will serve as the main command center.
Previously, the South Korean government announced energy-saving measures such as implementing a license plate rotation system for government vehicles for five days and campaigns encouraging the public to shorten shower times and charge phones during daytime hours.
. Source: Yonhap