The government has decided to introduce a ceiling on petroleum prices starting Friday. It marks the first direct intervention in the oil market since Korea liberalized fuel prices in 1997, nearly ...
The Chosun Ilbo on MSN
Oil refiners face KEPCO-style debt crisis amid ad-hoc price caps
On the 10th, the average gasoline price at gas stations nationwide was 1,989 Korean won per liter (L), and diesel was 1,982 ...
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