South Korea caps fuel prices for first time in decades to fight Iran oil shock

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Source: South China Morning Post
Published: 2026-03-10 11:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Asia, South Korea, Iran, Energy, Asia Pacific
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Snippet:
As a nation that imports nearly every drop of oil it consumes, South Korea is hitting the panic button to shield citizens from rising prices
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