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South Korea Keeps Fuel Cheap for Holidays as Fiscal Cost Mounts

With millions of South Koreans set to hit the road this week during a three-day public holiday, the government is extending fuel-price caps, cushioning households from an energy shock that has pushed global oil prices above $100 a barrel.

South Korea Keeps Fuel Cheap for Holidays as Fiscal Cost Mounts

With millions of South Koreans set to hit the road this week during a three-day public holiday, the government is extending fuel-price caps, cushioning households from an energy shock that has pushed global oil prices above $100 a barrel.

Energy Bloomberg Sep 22, 2026

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