South Korea Plans First Private Car Restrictions in 35 Years to Tackle Energy Crisis

If international oil prices surge above $120 per barrel, South Korea may impose driving restrictions on private vehicles to mitigate energy supply risks triggered by escalating tensions in the Middle East. Finance Minister Koo Yun-cheol stated that the government is considering expanding the current odd-even license plate restriction—currently applied only to public officials—to the general public, which would mark the first such measure since the 1991 Gulf War. Currently, public officials are already subject to these restrictions when accessing government office complexes based on their vehicle plate numbers. Koo emphasized the hope that the conflict will end soon to avoid implementing broader restrictions. As a critical link in the global technology supply chain, South Korea remains highly vigilant against potential energy shocks.