South Korea extends fuel-tax cuts until end of November
South Korean Finance Minister nominee Lee Hyoung-il attends his confirmation hearing at the National Assembly in Seoul, South Korea, September 15, 2026. REUTERS/Kim Hong-Ji
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
SEOUL, Sept 18 : South Korea will extend fuel-tax cuts by two more months through the end of November, the finance ministry said on Friday.
The current reductions of 15 per cent on gasoline and 25 per cent on diesel and butane will be maintained to help ease fuel costs amid Middle East-related oil price volatility, according to the ministry.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
