🇰🇷NEWS: SOUTH KOREA CAPS FUEL PRICES STARTING MARCH 13
South Korea will implement emergency fuel price caps beginning Friday, March 13, directly shielding consumers from oil price spikes driven by the war in the Middle East.
The move makes Seoul one of the first major Asian economies to impose direct government intervention on domestic energy prices.
With crude oil above $100 and diesel futures at record highs, more governments are expected to follow suit.
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