South Korean finance minister: Will lower the maximum fuel price

```htmlGolden Ten Data reported on June 26 that South Korea’s Finance Minister stated on Friday that the country will lower the fuel price cap as part of measures to ease inflationary pressure. He said: “Given the ongoing uncertainty in the Middle East, we are keeping the sixth round of the fuel price cap unchanged this week. However, the seventh round will be set below the current level and will remain in place until consumer prices stabilize.” South Korea implemented a nationwide fuel price cap policy for the first time in decades this March, and the authorities currently adjust the price cap once a month.```