Over 96 pct of gas stations freeze gasoline prices under price cap system: ministry
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Source: South Korea
Published: 2026-05-14 13:26 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Asia, South Korea, Energy, Asia Pacific
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Snippet:
SEOUL, May 14 (Yonhap) -- More than 96 percent of gas stations nationwide have kept gasoline prices unchanged under the country's fuel price cap system, the industry ministry said Thursday, noting South Korea is managing fuel prices within a relatively stable range compared with other major economies.
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