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Gasoline prices in S. Korea have soared to near five-month high

2019-04-29 6 Dailymotion

휘발유가격 넉달만에 최고…내달 1천500원선 돌파할 듯<br /><br />Gasoline prices in Korea have risen for a tenth straight week, …hitting a near five-month high.<br />According to the Korea National Oil Corporation, fuel prices nationwide averaged about one U.S. dollar and 24 cents a liter in the fourth week of April, …the highest since December.<br />Gas prices are expected to soar even more quickly in May, …with Washington's decision to end the waivers it had granted to sanctions on oil from Iran.<br />To ease the burden, the Korean government said it will extend its tax cut on fuel until the end of August. <br />

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