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Biden Faces Pleas for Oil Export Ban That Would Upend Markets

Reuters

S.Korea rations urea amid shortage, drivers panic buy

SEOUL (Reuters) -The South Korean government started rationing urea solution, used to cut diesel car and industrial emissions, and banned its resale as panic buying https://www.reuters.com/world/china/skorean-drivers-panic-buy-urea-after-china-tightens-supply-2021-11-05 by drivers exacerbated an acute shortage https://www.reuters.com/business/energy/urea-shortage-threatens-south-koreas-transport-energy-industries-2021-11-09 that could bring transport and industry to a grinding halt. Passenger vehicle drivers will be given a purchase limit of 10 litres and commercial vehicle drivers 30 litres, with all resale banned under a set of measures that will be implemented through to the end of the year, the trade ministry said on Thursday. Sales of urea solution are only allowed at gas stations with an exception that urea solution suppliers obtain prior permissions from authorities for “unavoidable reasons.”

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