Story perspectives
South Korea Extends Fuel-Price Caps Through Chuseok Holiday
By Drooid · · How we work
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Story summary
- South Korea’s government extended fuel-price caps for petrol and diesel through the Chuseok holiday.
- The ministry kept caps unchanged for four weeks on Sept 18.
- Wholesale caps stay at 1,784 won per litre for petrol and 1,773 won for diesel.
- The state set aside 4.2 trillion won for six months and 1.5 trillion won for the extension.
- Refiners have not received compensation, risking payment delays due to loss-calculation disputes.
