Gov't to lower cap on fuel prices, freeze utility rates in H2
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Source: South Korea
Published: 2026-06-26 09:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Asia, South Korea, Energy, World News, Business & Economy, Asia Pacific
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Snippet:
SEOUL, June 26 (Yonhap) -- South Korea will lower the cap on fuel prices to reflect the recent decline in global crude oil prices, the finance minister said Friday, while freezing electricity and gas rates in the second half.
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