Lee issues fresh warning against possible collusion in raising oil prices

President Lee Jae Myung on Friday issued a fresh warning against oil refiners for possible collusion in raising oil prices, amid an escalating war in the Middle East following US-Israeli attacks on Iran and Tehran's retaliation. In a post on the social media platform X, Lee shared a news article highlighting mixed reactions from the oil industry after he instructed officials to devise a price cap at a Cabinet meeting the previous day. "Price collusion is a serious crime against the public," he w

By The Korea Herald