Fuel price cap system starts to help ease cost burdens

Fuel price cap system starts to help ease cost burdens

A price board at a gas station in Incheon, west of Seoul, shows regular gasoline prices at 1,796 won (around US$1.20) per liter on March 13, 2026, as the government implements a temporary fuel price cap system starting the same day to help ease cost burdens amid supply concerns over the ongoing Middle East crisis. (Yonhap)

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