Minister Hwang Jong-woo stated that the imposition of tolls in the Strait of Hormuz and the Malacca Strait violates international law, emphasizing the free movement of international shipping lanes. He also detailed plans for transporting oil via the Red Sea and clarified that HMM’s relocation to Busan was a voluntary decision. He is working to prepare for the potential long-term prolongation of the Hormuz Strait blockade.