South Korea implements criminal penalties for petroleum hoarding as government mandates refiners maintain 90% monthly shipment levels amid maximum price controls, while fuel tax cut expansion remains under consideration pending oil price trends
#YonhapInfomax #PetroleumProducts #HoardingBan #MaximumPriceSystem #FuelTaxCuts #PriceStabilization #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=109621
Criminal Penalties for Hoarding Petroleum Products - Refiners Must Maintain Over 90% of Monthly Shipments

South Korea implements criminal penalties for petroleum hoarding as government mandates refiners maintain 90% monthly shipment levels amid maximum price controls, while fuel tax cut expansion remains under consideration pending oil price trends

Yonhap Infomax
President Lee calls for swift and bold implementation of maximum price controls on petroleum products to address rising fuel costs and consumer burden
#YonhapInfomax #PresidentLee #PetroleumProducts #MaximumPriceSystem #PriceControls #FuelCosts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108794
President Lee - 'Swiftly Introduce Maximum Price System for Petroleum Products and Implement Boldly'

President Lee calls for swift and bold implementation of maximum price controls on petroleum products to address rising fuel costs and consumer burden

Yonhap Infomax

#greece #usa #israel #iran : #warofaggression / #economy / #supplychains / #petroleumproducts / #rtp / #helpersyndrome

(Who wants to be guilty of failure to render assistance? -> Responsibility to protect!)

»"We're in communication with them day and night, 24/7, I'm happy they're okay, but I'm worried, and we are worried, of course, because the area is in danger," he said. "We cannot dismiss the possibility of bigger problems."«

https://www.straitstimes.com/world/europe/greek-shipping-minister-warns-of-alarming-situation-in-strait-of-hormuz

Greek shipping minister warns of alarming situation in Strait of Hormuz

ATHENS, March 3 - Greece's shipping minister on Tuesday called for the protection of global shipping and seafarers, amid an \"alarming\" situation that has left dozens of ships stranded in the Strait of Hormuz and the wider area due to the widening Iran conflict. Read more at straitstimes.com. Read more at straitstimes.com.

The Straits Times

Thursday, January 29, 2026

Exclusive: Trump envoy negotiating Ukraine's fate displays 'shocking' lack of knowledge about war, politics -- As temperatures outside plunge, Ukrainian pet shelters struggle to keep animals warm amid Russian attacks -- SBU releases greatest hits video of 2025 drone strikes on Russian aircraft -- Why Colombian volunteers are joining war in Ukraine [videos/vlogs] ... and more

https://activitypub.writeworks.uk/2026/01/thursday-january-29-2026/

South Korea's consumer inflation held at 2.4% in November, driven by a 5.9% jump in petroleum prices amid a strong dollar, with core inflation easing slightly.
#YonhapInfomax #ConsumerPrices #PetroleumProducts #Inflation #ExchangeRate #CoreInflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93401
South Korea’s consumer inflation accelerated to 2.4% in October, the highest in 15 months, as agricultural and petroleum prices surged, outpacing market forecasts.
#YonhapInfomax #ConsumerPriceIndex #Inflation #PetroleumProducts #AgriculturalPrices #NationalDataOffice #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89013
South Korea's consumer price inflation holds steady at 2.0% in February, driven by petroleum products, while core inflation remains stable at 1.8%, aligning with market expectations.
#YonhapInfomax #ConsumerPriceInflation #PetroleumProducts #CoreInflation #StatisticsKorea #ProcessedFoods #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53118
Consumer Prices Rise 2.0% in February - Second Month in 2% Range, Core Inflation at 1.8%

South Korea's consumer price inflation holds steady at 2.0% in February, driven by petroleum products, while core inflation remains stable at 1.8%, aligning with market expectations.

Yonhap Infomax
ICYMI: RainSMediaRadio News Dangote Refinery Outlines Process for N65/Litre Refund to Eligible Fuel Buyers https://www.rainsmediaradio.com/2025/03/dangote-refinery-outlines-process-for.html?utm_source=dlvr.it&utm_medium=mastodon Follow, Like & Share #DangoteRefinery #FuelPrices #PetroleumProducts #N65Refund #OilMarketers
Dangote Refinery Outlines Process for N65/Litre Refund to Eligible Fuel Buyers

 The management of Dangote Refinery has provided further clarification on the much-anticipated N65 per litre refund, explaining how eligible...

Blogger
Sustainable Tires Will Be Made From Plants, Again

Sustainable tires could be made with butadiene derived from algae, food waste, and other renewable resources instead of petroleum.

CleanTechnica
Sustainable Tires Will Be Made From Plants, Again

Sustainable tires could be made with butadiene derived from algae, food waste, and other renewable resources instead of petroleum.

CleanTechnica