South Korea to lower fuel price caps, finance minister says

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SEOUL, June 26 : South Korea will lower its cap on fuel prices as part of efforts to curb inflation pressure, the finance minister said on Friday. "We kept the sixth fuel cap price unchanged this week due to uncertainty of the Middle East situation, but the seventh cap will be lower than the current level and maintained until consumer prices stabilise," Minister Koo Yun-cheol said. South Korea introduced nationwide fuel prices caps in March for the first time in decades, which authorities now

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South Korea to lower fuel price caps, finance minister says https://www.channelnewsasia.com/ - 26.06.2026 03:48

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South Korea to lower fuel price caps, finance minister says https://www.channelnewsasia.com/ - 26.06.2026 03:48