Govt. keeps fuel price caps steady amid energy volatility

South Korea kept its current fuel price caps unchanged Friday amid renewed tensions in the Middle East, while leaving open the possibility of adjustments down the road. Maximum prices for regular gasoline, diesel and kerosene supplied to gas stations by local oil refiners will remain at 1,784 won ($1.21), 1,773 won and 1,380 won per liter, respectively, according to the Ministry of Trade, Industry and Resources. The latest decision will take effect for four weeks starting Saturday. "With the int

By The Korea Herald