South Korea's finance minister said on Friday the government will lower the national fuel price cap as part of measures to rein in inf. He said officials kept the sixth-round cap unchanged this week ongoing Middle East uncertainty, but the seventh-ro

2026-06-26

South Korea's finance minister said on Friday the government will lower the national fuel price cap as part of measures to rein in inf. He said officials kept the sixth-round cap unchanged this week ongoing Middle East uncertainty, but the seventh-round cap will be set below the current level and maintained until consumer prices stabilize. Seoul introduced a nationwide fuel price cap in March for the first time in decades; authorities now review the cap monthly.