As War Pushes Oil Prices Up, Korea Cuts Fuel Taxes — and Drivers Immediately Change Their Behavior

Right now in South Korea, something interesting is happening. Gas prices are rising—but not just because of normal market fluctuations. The trigger is far more direct. The ongoing war involving Iran has disrupted global oil flows, with the Strait of Hormuz—one of the world’s most critical energy routes—becoming unstable. For a country like South Korea, … Read more