Gov't lowers fuel price caps amid easing energy market volatility
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Source: South Korea
Published: 2026-06-26 20:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Asia, South Korea, Energy, Economy & Finance, Financial Markets, Business & Economy, Asia Pacific, Retail
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Snippet:
SEOUL, June 26 (Yonhap) -- South Korea on Friday decided to lower price ceilings on fuel products, citing easing geopolitical tensions in the Middle East, while deciding to keep the price cap system in place for the time being.
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