Yonhap Infomax NewsKorea Oil Station Association denies price gouging allegations, attributing recent pump price surges to refiner supply cost increases driven by international oil prices and exchange rates, while supporting government price cap review with conditions for supply cost linkage and fair application safeguards.
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Gas Station Association Denies Price Gouging Claims, Cites Refiner Supply Costs as Primary Driver
Korea Oil Station Association denies price gouging allegations, attributing recent pump price surges to refiner supply cost increases driven by international oil prices and exchange rates, while supporting government price cap review with conditions for supply cost linkage and fair application safeguards.