Minister hints at expanding vehicle rotation system to private sector if oil prices further rise
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Source: The Korea Herald
Published: 2026-03-29 18:14 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Middle East, Energy, World News, Business & Economy, War & Conflict
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Snippet:
Finance Minister Koo Yun-cheol said Sunday the government could expand a mandatory five-day vehicle rotation system to the private sector if global oil prices rise to $120-130 per barrel as part of nationwide energy-saving efforts amid an escalating conflict in the Middle East.
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