South Korea proposes over $17 billion in additional budget to ease energy costs as Iran war rages on
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Source: CNBC
Published: 2026-03-31 16:11 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Military & Defence, South Korea, Iran, Energy, Tax & Budget, War & Conflict, Asia Pacific
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Snippet:
South Korea on Tuesday proposed a supplementary budget worth 26.2 trillion won (about $17.1 billion) to ease the burden of rising energy prices on households and industries as the Middle east conflict has created a supply crunch.
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