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South Korea extends fuel-tax cuts until end of November

South Korea extends fuel-tax cuts until end of November
Channel News Asia Thursday 17 September 2026, 23:01 UTC 1 min read
Key Points

South Korea extends fuel-tax cuts until end of November 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.

South Korea extends fuel-tax cuts until end of November 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
South Korea (LOCATION) SEOUL (LOCATION) Middle East (LOCATION)
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