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    S. Korea mulls adopting oil price cap system for 1st time in 30 yrs: sources

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    Source: The Korea Herald
    Published: 2026-03-08 13:09 UTC+10:00
    Section: All News
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Politics, Middle East, Asia, South Korea, Energy, World News, War & Conflict, Asia Pacific
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    Snippet:
    The government is considering adopting a price cap system for oil for the first time in nearly 30 years, sources said Sunday, amid concerns over rising energy prices following the escalating conflict in the Middle East.
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