Yonhap Infomax NewsSouth Korean prosecutors raid SK Energy, GS Caltex, S-Oil, and HD Hyundai Oilbank over allegations of colluding to manipulate domestic fuel prices, following President Lee Jae-myung's directive to prevent unjust profits in the oil refining industry.
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Prosecutors Raid Four Major Oil Refiners Over Price-Fixing Allegations
South Korean prosecutors raid SK Energy, GS Caltex, S-Oil, and HD Hyundai Oilbank over allegations of colluding to manipulate domestic fuel prices, following President Lee Jae-myung's directive to prevent unjust profits in the oil refining industry.