[Featured Stock] Oil Stocks Rally as Trump Mentions 'Second Tariff on Russian Crude Oil'

Domestic oil stocks are rising in unison on the 31st. This is interpreted as a reflection of increased expectations for a windfall profit after U.S. President Donald Trump mentioned the possibility of imposing a 'secondary tariff' on Russian crude oil.

As of 10:40 a.m. on the day, Heungkuk Oil's stock price is trading at 12,590 won, up 12.41% from the previous trading day.

Jungang Enervis shares are also trading at 13,820 won, up 3.83% from the previous session. Geukdong Petrochemical is showing 3,345 won, up 0.9% from the previous day.

On the 30th (local time), President Trump stated in an interview with NBC News, "If Russia and I cannot negotiate to stop the bloodshed in Ukraine, and if that is Russia's fault, I will impose a secondary tariff on all oil coming from Russia." This means tariffs will also be imposed on other countries importing Russian crude oil. President Trump added that if a ceasefire agreement is not reached, the secondary tariff on Russia will be imposed within a month.