🇰🇷 S. KOREA MOVES TO CAP FUEL PRICES FOR THE FIRST TIME IN 30 YEARS South Korea’s president called for the quick launch of a cap on fuel prices to curb excessive energy price increases. If implemented, it would mark South Korea’s first fuel price cap in nearly 30 years. The move comes as Middle East tensions disrupt supply, a major risk for S. Korea since ~70% of its oil shipments pass through the Strait of Hormuz.(Coin Bureau)