South Korea extends fuel-tax cuts until end of November
South Korean Finance Minister nominee Lee Hyoung-il attends his confirmation hearing at the National Assembly in Seoul, South Korea, September 15, 2026. REUTERS/Kim Hong-Ji
SEOUL, Sept 18 : South Korea will extend fuel-tax cuts by two more months through the end of November, the finance ministry said on Friday.
The current reductions of 15 per cent on gasoline and 25 per cent on diesel and butane will be maintained to help ease fuel costs amid Middle East-related oil price volatility, according to the ministry.
Source: Reuters
