Shell, BP, Ithaca and Harbour Energy boosted as oil prices surge over $100
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Oil prices surge to highest since 2022 at over $119 a barrel on Middle East war
Read full article →Seoul to cap fuel prices for first time in nearly 30 years amid Middle East oil shock
South Korea plans to impose fuel price caps this week for effectively the first time since 1997, after a sharp run-up in prices that authorities say has occurred even before any Middle East supply disruption has hit the country. President Lee Jae Myung ordered the measure’s swift implementation in opening remarks at a 90-minute emergency economic response meeting held Monday at Cheong Wa Dae, as the government moved to contain the fallout from the war triggered by joint US and Israeli strikes on
By The Korea Herald
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