Tag: fuel price
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South Korea to lower fuel price caps, finance minister says
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…
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South Korea to keep fuel price ceilings as US-Iran deal impact assessed, media reports
SEOUL, June 18 : South Korea will keep its current fuel price ceilings in place until there is more clarity on a U.S.-Iran agreement and its impact on global oil markets, local media reported on Thursday.Yang Gi-wook, a senior industry ministry official, told a briefing that the government would decide on the
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Indonesia: Students march in Jakarta against state spending, fuel price hike
The protesters warn wasteful government spending risks driving the country into bankruptcy.
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Indonesia raises price of widely used fuel by 32%, adds to cost-of-living concerns
JAKARTA: Indonesian state firm Pertamina has raised some fuel prices by almost a third in the first increase since the Iran war began, and the finance minister said there would be limited impact on inflation amid investor
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