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According to Yonhap News Agency, South Korea will extend the fuel tax relief measures for another two months until September 30, maintaining the current policy of 15% tax reduction on gasoline and 25% tax reduction on diesel and butane to help ease the pressure on fuel costs caused by fluctuations in oil prices related to the situation in the Middle East.

Zhitongcaijing·07/24/2026 00:41:03
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According to Yonhap News Agency, South Korea will extend the fuel tax relief measures for another two months until September 30, maintaining the current policy of 15% tax reduction on gasoline and 25% tax reduction on diesel and butane to help ease the pressure on fuel costs caused by fluctuations in oil prices related to the situation in the Middle East.