South Korea’s oil squeeze, Seoul mayor ruling and KNDA breach — Ep. 142

On this week’s episode of the Korea Pro Podcast, Jeongmin, John and Joon Ha discuss the widening war in the Middle East and what it means for South Korea, from rising oil prices and shipping insurance costs to inflationary pressure on an export-dependent economy. They also break down Seoul Mayor Oh Se-hoon’s conviction for violating the Political Funds Act, including why the ruling could damage his political image even as he remains in office while pursuing an appeal. The episode then turns to South Korea’s ongoing trade and industry talks with Washington, as Seoul looks to deepen shipbuilding cooperation while Coupang continues to complicate the broader U.S.-ROK economic conversation. They also discuss the latest cyberattack on the Korea National Diplomatic Academy, after officials said the institution had been compromised for months, exposing the personal data of South Korean diplomats and raising questions about possible North Korean or Chinese involvement. About the podcast: The Korea Pro Podcast is a weekly conversation hosted by Korea Risk Group Executive Director Jeongmin Kim, Managing Editor John Lee and correspondent Joon Ha Park, delivering deep, clear analysis of South Korean politics, diplomacy, security, society and technology for professionals who need more than headlines. Uploaded every Friday. This episode was recorded on Thursday, July 23, 2026. Audio edited by Alannah Hill