South Korea's Lee instructed senior officials to maintain the country's oil-price cap amid renewed Middle East tensions until oil-price uncertainty is fully removed. He ordered continued use of complementary measures, including fuel tax cuts, and said further steps should be considered if the situation deteriorates. Lee highlighted truck drivers, heavy-equipment operators, farmers and foreign workers as particularly exposed to high fuel costs and ordered probes into market irregularities such as

South Korea's Lee instructed senior officials to maintain the country's oil-price cap amid renewed Middle East tensions until oil-price uncertainty is fully removed. He ordered continued use of complementary measures, including fuel tax cuts, and said further steps should be considered if the situation deteriorates. Lee highlighted truck drivers, heavy-equipment operators, farmers and foreign workers as particularly exposed to high fuel costs and ordered probes into market irregularities such as hoarding or price manipulation, directing officials to take measures to stabilize consumer prices.