The South Korean government has maintained the fuel price cap for the fourth consecutive period, with gasoline at 1,784 Korean won per liter and diesel at 1,773 Korean won.
South Korea's industry ministry announced that the government will maintain the price caps on fuel products for the fourth consecutive period, effective Friday, in response to high international oil prices and ongoing tensions in the Middle East. Starting Saturday, the maximum prices at which local refiners can supply gasoline, diesel, and kerosene to gas stations will remain at 1,784 won (approximately $1.30), 1,773 won, and 1,380 won per liter, respectively, for a four-week period.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
CoreWeave's default probability exceeds 60%, but NVIDIA CEO Jensen Huang states its financing costs are decreasing and NVIDIA is not required to backstop it.
-
2
UKMTO Warns of "Severe" Threat to Shipping in Strait of Hormuz, Attacks "Highly Likely"
-
3
CoreWeave Credit Default Swaps Hit Distressed Levels Amid Investor Concerns Over AI Debt
-
4
AWS, Anthropic, OpenAI and Google are racing to deploy specialized AI engineers to help companies realize returns on their AI investments
-
5
Fed's Hammack: Financial conditions do not appear restrictive right now
-
6
MSCI adopts new index exclusion rules; Strategy and Metaplanet may face removal, SharpLink placed on review list.
-
7
MSCI Launches Consultation to Reclassify Indonesia Equity Indexes from Emerging to Standalone Market Status
-
8
US embassy warns of potential attacks on Saudi airports, restricts staff travel and urges citizens to take extreme caution
-
9
Porsche CEO Michael Leiters discusses new Mission S supercar, China market, and future of EVs
-
10
Balaji Srinivasan's Network School acquires Farcaster; users must sign 'social smart contract' or get read-only access
Markets Today
Recommended Reading


